Elevra starts Stage 1 of North American Lithium mine expansion
Australia-based, but North America-focused, lithium producer Elevra Lithium has reached a milestone in the expansion of its North American Lithium (NAL) operation with the official groundbreaking of the NAL expansion project, in Québec.
The groundbreaking follows the successful completion of Elevra's capital raise in May, which fully funded the NAL expansion project and strengthened the company's balance sheet for its staged growth strategy.
The NAL expansion project is due to be completed in mid-2027, with Stage 1 expected to deliver an increase of between 15% and 20% in yearly spodumene concentrate production, as well as a reduction in unit operating costs through improved scale and efficiency.
For context, the NAL project currently produces about 200 000 t/y of spodumene concentrate.
"As North America seeks to strengthen domestic battery materials supply to reduce reliance on external sources, the NAL expansion will deliver increased supply of traceable and transparent lithium to the rapidly growing electric vehicle and energy storage markets," says Elevra CEO and MD Lucas Dow.
He adds that the groundbreaking of the expansion project marks a milestone for the company and reflects the progress it has made since announcing the group's staged expansion strategy.
"With funding secured and equipment orders being placed, we are focused on disciplined execution to deliver Stage 1."
Stage 2 of the expansion project will comprise upgrading and expanding the mine's overall processing infrastructure to maximise high-grade lithium throughput. It will lift the process plant design feed rate from Stage 1’s 4 500 t/d to 6 500 t/d, for yearly production of about 338 000 t/y of spodumene concentrate.
Elevra aims to have Stage 1 and 2 of the expansion project fully online by mid-2029.
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