Quarterly UpdatesApr 22, 2026, 07:57 PM
Elevra Lithium Reports Record $81M Revenue, 7% Production Increase
AI Summary
Elevra Lithium reported improved operational results and positive cash flow for the quarter. North American Lithium (NAL) achieved record revenue of US$81 million, a 22% increase quarter-on-quarter, and improved process plant utilisation to 94%. Spodumene concentrate production rose 7% QoQ to 47,332 dmt, with lithium recovery up 4% to 66%. The company also progressed its NAL expansion and saw the Ewoyaa Mining Lease ratified in Ghana.
Key Highlights
- Record revenue of US$81 million, up 22% QoQ.
- Spodumene concentrate production increased 7% QoQ to 47,332 dmt.
- Process plant utilisation improved to 94%, up 5% QoQ.
- Lithium recovery increased 4% QoQ to 66%.
- NAL unit operating costs rose 9% QoQ to US$884/dmt.