Elevra Fast-Tracks NAL Expansion With Staged Debottlenecking Plan

Elevra Lithium ( (AU:ELV) ) just unveiled an announcement.

Elevra Lithium has reworked its expansion plan for the North American Lithium mine, opting for a staged debottlenecking strategy that accelerates additional production, reduces permitting risk and spreads capital expenditure over time. The revised pathway uses existing and newly available permitting to deliver an initial 15–20% production uplift from mid-2027 within current milling limits, then increase processing capacity to 6,500 tonnes per day with temporary mobile crushing from early 2028, before completing a new crushing and ore-sorting circuit by early 2029 to support a life-of-mine output of 315,000 tonnes per annum of spodumene concentrate. This approach is expected to bring forward incremental production by about two years and lower unit operating costs, while maintaining attractive project economics, including an unchanged AISC of US$680 per tonne and economic metrics such as an NPV of around US$950 million and an IRR of 26.4%, despite a restatement of C1 cash costs to US$630 per tonne after correcting cost allocations. Elevra plans to update its scoping study in early Q2 2026 and move directly into detailed engineering, aiming to de-risk execution and accelerate value creation at NAL.

The most recent analyst rating on (AU:ELV) stock is a Hold with a A$8.00 price target. To see the full list of analyst forecasts on Elevra Lithium stock, see the AU:ELV Stock Forecast page.

More about Elevra Lithium

Elevra Lithium Limited is a North American lithium producer listed on the ASX and Nasdaq, focused on supplying spodumene concentrate from its North American Lithium (NAL) operation. The company operates in the battery materials sector, targeting growing demand from electric vehicles and energy storage markets through brownfield expansion of existing assets.

YTD Price Performance: 7.84%

Average Trading Volume: 1,137,476

Technical Sentiment Signal: Hold

Current Market Cap: A$1.45B

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