Elevra Lithium signs LG deal for 240K dry tonnes

Elevra said the agreement supports its strategy to build a diversified NAL customer portfolio as production increases and the NAL expansion progresses.

Rhea-AI Filing Summary

Elevra Lithium Ltd (ELVR) signed a binding spodumene concentrate supply agreement with LG Energy Solution for product from North American Lithium (NAL) in Québec. The agreement provides for an aggregate base supply of 240,000 dry metric tonnes (dmt) over a 3-year term beginning with the first shipment, which is expected to be delivered in calendar year 2026.

Elevra may supply up to 90,000 dmt of optional volume over the same term, subject to agreement between both parties. Pricing is market-linked for spodumene concentrate and adjusted for lithium content. Elevra described the agreement as providing a committed customer for a meaningful portion of NAL’s production while retaining exposure to spodumene concentrate market pricing.

Key Figures

Aggregate base supply: 240,000 dry metric tonnes (dmt) Agreement term: 3-year term Optional volume: Up to 90,000 dmt +1 more

4 metrics

Aggregate base supply 240,000 dry metric tonnes (dmt) Under the agreement with LG Energy Solution

Agreement term 3-year term Begins from the date of the first shipment

Optional volume Up to 90,000 dmt Subject to agreement between both parties

Expected first shipment Calendar year 2026 Expected delivery

Key Terms

spodumene concentrate, dry metric tonnes, market-linked pricing, optional volume

4 terms

spodumene concentrate technical

"supply of spodumene concentrate produced at North American Lithium"

A processed rock product that concentrates spodumene, a mineral rich in lithium, which is then refined into lithium chemicals used to make rechargeable batteries. Think of it as the crude oil equivalent for lithium batteries: an early-stage raw material whose availability and price influence the cost and supply of battery-grade lithium. Investors watch spodumene concentrate as an indicator of future battery material supply, production costs, and the health of electric-vehicle and energy-storage supply chains.

dry metric tonnes technical

"dry metric tonnes (“dmt”)"

Dry metric tonnes are a standardized measure of mass equal to one metric tonne (1,000 kilograms) after removing the moisture content from the material, so the number reflects only the dry substance. Investors care because moisture can inflate shipment weight and reduce the amount of sellable product—using dry weight lets you compare prices, estimate revenue and inventory more accurately, and assess shipping and storage costs on an apples‑to‑apples basis.

market-linked pricing financial

"establishes a market-linked pricing for spodumene concentrate"

optional volume financial

"up to 90,000 dmt of optional volume"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How much spodumene concentrate will ELVR supply LG Energy Solution?

The agreement provides for aggregate base supply of 240,000 dry metric tonnes (dmt) over a 3-year term. Elevra may also supply up to 90,000 dmt of optional volume, subject to agreement between both parties.

How is pricing set under ELVR’s agreement with LG Energy Solution?

Pricing is market-linked for spodumene concentrate and adjusted for lithium content.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 10/08/2026 - 04:13 PM EDT Accepted by SEC EDGAR 10/08/2026 - 04:12 PM EDT Learn about SEC filing dates

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of October 2026

Commission File Number 001-42819

ELEVRA LITHIUM LIMITED

(Translation of registrant’s name into English)

Level 3,

10 Eagle Street

Brisbane, Queensland 4000

Australia

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 Form 20-F ☒  Form 40-F ☐

 

ASX ANNOUNCEMENT

8 October 2026

Elevra Signs Spodumene Supply

Agreement with LG Energy Solution

North American lithium producer Elevra Lithium Limited (“Elevra”) (ASX:ELV; NASDAQ:ELVR) is pleased to announce that it has executed a binding Spodumene Concentrate Supply Agreement (the “Agreement”) with LG Energy Solution for the supply of spodumene concentrate produced at North American Lithium (“NAL”) in Québec.

The Agreement provides for the aggregate supply of 240,000 dry metric tonnes (“dmt”) of spodumene

concentrate over a three-year term commencing from the date of the first shipment, which is expected to be delivered in calendar year 2026.

The contracted base quantity of 240,000 dmt, comprises:

• 30,000 dmt in 2026;

• 60,000 dmt in 2027 and 2028; and

• 90,000 dmt in 2029.

In addition to the contracted base quantity, Elevra may supply up to 90,000 dmt of optional volume over the three-year term, subject to agreement between both parties.

The Agreement establishes a market-linked pricing for spodumene concentrate adjusted for lithium content.

This three-year Agreement with LG Energy Solution is aligned with Elevra’s commercial strategy to prioritise establishing strategic customer relationships while developing a more diversified and market-aligned sales portfolio for NAL with improved commercial terms.

Elevra’s Managing Director and Chief Executive Officer, Mr. Lucas Dow, said: “This agreement with LG Energy Solution represents an important step in implementing the commercial strategy we outlined with our FY26 annual results. It provides Elevra with a committed customer for a meaningful portion of NAL’s production while retaining exposure to spodumene concentrate market pricing.

“Securing a leading global battery manufacturer as a customer further strengthens the commercial position of NAL and supports our strategy of building a diversified portfolio of high-quality customers as we increase production and progress the NAL expansion.”

Announcement authorised for release by Elevra’s Managing Director and Chief Executive Officer.

About Elevra Lithium

Elevra Lithium Limited is a North American lithium producer (ASX:ELV; NASDAQ:ELVR) with projects in Québec, Canada, United States, and a joint venture in Western Australia.

Elevra’s assets comprise North American Lithium (100%), a 60% stake in the Moblan Lithium Project in Central Québec and the Carolina Lithium Project (100%) in the United States.

For more information, please visit us at www.elevra.com or contact:

Andrew Barber

Investor Relations

PH: +617 3369 7058

ELEVRA LITHIUM • Level 3, 10 Eagle Street • Brisbane QLD 4000 • Australia
+61 7 3369 7058 • info@elevra.com • ASX:ELV | NASDAQ:ELVR • ABN 26 091 951 978	elevra.com

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	ELEVRA LITHIUM LIMITED
Date: October 8, 2026	By:	/s/ Dylan Roberts
		Name: Dylan Roberts
		Title: Company Secretary and General Counsel