Elevra Lithium speeds up North American Lithium mine expansion, boosting output and cutting costs with $270M investment.

Elevra Lithium announced an updated scoping study for the North American Lithium (NAL) mine expansion, accelerating production increase by two years with a $270 million capital expenditure. The staged expansion will raise annual spodumene concentrate output to 338,000 tonnes, maintaining similar operating costs and improving project net present value by over 100%. Production ramp-up will start mid-2027, with full expansion expected by mid-2029, supporting stronger cash flow and cost efficiency amid growing lithium demand. The project remains subject to environmental assessments and permitting processes.