Elevra Lithium rises on potential spodumene supply deal
ReutersFeb 10, 2026 2:07 AM
North American lithium producer Elevra Lithium ELV.AX shares rise 6.3% to A$7.64, their highest level since January 29
Elevra signs non-binding MoU to supply Mangrove Lithium with spodumene concentrate
Parties intend to negotiate definitive agreement under which co could supply up to 144,000 tonnes per year of spodumene concentrate to Mangrove at market-related prices, subject to floor and ceiling prices
Stock down 4.9% YTD, after falling 10.6% in 2025
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