Elevra Lithium Limited reported record quarterly revenue and gross profit at NAL with a 15% increase in ore mined and an 89% process plant utilization. Spodumene concentrate production declined by 15% due to lower recovery and higher iron content. The average selling price increased by 27% to US$998/dmt.

The company revised its FY26 production guidance due to operational challenges. Despite this, NAL generated a profit and reported a net operating cash inflow of US$13 million. Elevra’s cash balance at the end of December 2025 was US$81 million, with merger-related cost savings expected.

Elevra’s growth projects include the NAL Expansion, Moblan, Ewoyaa, and Carolina Lithium projects. The company is focusing on accelerating the NAL expansion to increase annual production. Moblan, Ewoyaa, and Carolina Lithium projects are progressing well, with Carolina Lithium obtaining key permits.

Christian Cortes was appointed as the company’s Chief Financial Officer during the quarter. Elevra’s AGM was successfully held on 21 November 2025. Cash and cash equivalents decreased by US$16.6 million, ending the quarter at US$81.3 million.

Elevra’s capital structure includes 169,329,111 ordinary fully paid shares and various options and performance rights. The company is focused on strategic downstream partnerships to enhance lithium production and support the global energy transition. For more information, visit Elevra’s website.

Read more at GlobeNewswire: Elevra Lithium Quarterly Activities Report