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Elevra Lithium Executes 7-Year Agreement With Mangrove Lithium For Supply Of Spodumene Concentrate Manufacture At North American Lithium in Quebec

Aug 21, 2026, 1:01 PMBenzinga Newsdesk

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")

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Source: benzinga
Observed: Aug 21, 2026, 1:01 PM
Checked: Aug 21, 2026, 1:01 PM
Cadence: Captured once, then retained as an archive reference
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Elevra Lithium shares are trading higher after the company announced a binding Spodumene Concentrate Supply Agreement with Mangrove for the long-term supply of spodumene concentrate produced at North American Lithium in Québec.
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Elevra Lithium Executes 7-Year Agreement With Mangrove Lithium For Supply Of Spodumene Concentrate Manufacture At North American Lithium in Quebec

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Shares of lithium-related companies are trading lower amid lithium carbonate price declines in China due to concerns about oversupply and a projected market surplus in 2027. Also, JP Morgan maintained its Neutral rating on Albemarle and lowered its price target from $160 to $140.

Elevra Lithium shares are trading higher after the company announced a binding Spodumene Concentrate Supply Agreement with Mangrove for the long-term supply of spodumene concentrate produced at North American Lithium in Québec.