Elevra Lithium Limited announced the results of a Pre-Feasibility Study for its staged North American Lithium Brownfield Expansion in Québec. The project targets increasing average annual spodumene concentrate production to 373,000 tonnes per annum (ktpa) post-expansion, up from a base case of 199 ktpa. Life-of-mine C1 costs are estimated at US$649/t, reducing to US$630/t post-expansion. The expansion requires total initial capital expenditure of C$366 million (US$271 million) and delivers an incremental post-tax NPV of US$699 million. Production increases will be delivered in three stages: Stage 1 from mid-2027, Stage 2 from mid-2028, and Stage 3 by mid-2029. The company operates as a North American hard-rock lithium producer.
