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Elevra Lithium starts fully funded expansion of North American Lithium to boost production by 15-20%.

Company Fundamentals
29 Jun 2026
GlobeNewsWire
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Bullish
pluang ai news

Elevra Lithium has officially begun construction on the expansion of its North American Lithium (NAL) operation, following a successful capital raise in May 2026 that fully funded the project. The expansion, expected to complete by mid-2027, aims to increase spodumene concentrate production capacity by 15-20% and reduce operating costs through improved scale and efficiency. This growth supports North America's goal to secure domestic lithium supply for electric vehicle and energy storage markets. Elevra is focused on disciplined execution to deliver this strategic expansion and strengthen its position in the lithium market.

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