Elevra Lithium advanced its staged North American Lithium expansion with a pre-feasibility study released September 7, 2026. The study assesses the project’s technical and economic viability and supports pre-feasibility estimates of production, capital, operating costs and financial returns, while remaining below feasibility-study confidence and subject to further refinement.

Key Highlights

  • The NAL project is structured as a brownfield expansion of Elevra Lithium’s existing North American Lithium operation.
  • Pre-feasibility estimates cover production, Capital costs, operating costs and financial returns.
  • Elevra Lithium announced a pre-feasibility study for a staged brownfield expansion of its existing North American Lithium operation.

NAL Expansion Study Covers Existing Operation

The study provides pre-feasibility estimates for production, capital costs, operating costs and financial returns. The project is defined as a brownfield expansion of Elevra Lithium (NASDAQ: ELVR)’s existing North American Lithium operation. The production target and economic analysis exclude Inferred Mineral Resources and Exploration Targets.

PFS Estimates Remain Subject to Refinement

Its estimates and assumptions remain subject to further refinement through later engineering, design and project-execution work. The production target and forecast financial information therefore remain based on the assumptions and current Ore Reserves used in the study.