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NewMarketsReported 2026-10-08 21:00

Elevra Lithium Signs Spodumene Supply Agreement with LG Energy Solution

Elevra Lithium signed a three-year supply agreement with LG Energy Solution for 240,000 dry metric tonnes of spodumene concentrate, with an option for an additional 90,000 tonnes, aligning with Elevra’s commercial strategy.

Why it matters. Elevra Lithium secures a committed customer for a significant portion of its production, supporting its commercial strategy and strengthening its market position.

01

Who it touches

  1. 1Elevra Lithium
  2. agreement with →Fact
  3. price exposure →Fact
02

Evidence

  • GGlobeNewswire public company newsCompany2026-10-08 21:00
    The Agreement provides for the aggregate supply of 240,000 dry metric tonnes (“dmt”) of spodumene concentrate over a three-year term
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  • GGlobeNewswire public company newsCompany2026-10-08 21:00
    Elevra may supply up to 90,000 dmt of optional volume over the three-year term, subject to agreement between both parties.
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  • GGlobeNewswire public company newsCompany2026-10-08 21:00
    it has executed a binding Spodumene Concentrate Supply Agreement (the “**Agreement**”) with LG Energy Solution
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  • GGlobeNewswire public company newsCompany2026-10-08 21:00
    It provides Elevra with a committed customer for a meaningful portion of NAL’s production while retaining exposure to spodumene concentrate market pricing.
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  • GGlobeNewswire public company newsCompany2026-10-08 21:00
    The Agreement provides for the aggregate supply of 240,000 dry metric tonnes (“dmt”) of spodumene concentrate over a three-year term commencing from the date of the first shipment, which is expected to be delivered in calendar year 2026.
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  • GGlobeNewswire public company newsCompany2026-10-08 21:00
    BRISBANE, Australia, Oct. 08, 2026 (GLOBE NEWSWIRE) -- **North American lithium producer Elevra Lithium Limited (“Elevra”) (ASX:ELV; NASDAQ:ELVR)** is pleased to announce that it has executed a binding Spodumene Concentrate Supply Agreement (the “**Agreement**”) with LG Energy…
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