Quarterly UpdatesJul 10, 2026, 04:33 PM
Elevra Lithium Q2 2026 Production 54,479 dmt; Sales 33,977 dmt; Price $919
AI Summary
Elevra Lithium Limited provided an operational update for its North American Lithium (NAL) operation for the June 2026 quarter. The company produced approximately 54,479 dry metric tonnes (dmt) of spodumene concentrate, marking a 15% increase from the previous quarter and the second highest quarterly production to date. Sales volumes reached 33,977 dmt at an average realized price of US$919 per dmt, which was below current spot prices due to lagged contractual mechanisms, but future pricing is expected to align more closely with spot rates. Additionally, the company issued 2,160 performance rights under an employee incentive scheme.
Key Highlights
- June 2026 quarter spodumene concentrate production: 54,479 dmt.
- June 2026 quarter sales volume: 33,977 dmt.
- Average realized pricing for the quarter: US$919 per dmt (FOB, provisional).
- Production increased 15% from the March 2026 quarter.
- May 2026 production was a monthly record at 22,202 dmt.
- Provisional inventory on hand at quarter-end: 40,863 dmt.
- Final volumes under legacy lagged pricing contract delivered, expecting future pricing to align with spot.
- Issued 2,160 performance rights under an employee incentive scheme.
Price Impact
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