Elevra Lithium signs supply deal with Mangrove Lithium for concentrate
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Elevra Lithium Signs Non-Binding Memorandum of Understanding for Spodumene Concentrate offtake with Mangrove Lithium
February 9, 2026 5:57 PM ESTBRISBANE, Australia, Feb. 09, 2026 (GLOBE NEWSWIRE) -- North American lithium producer Elevra Lithium Limited (Elevra) (ASX:ELV; NASDAQ: ELVR) is pleased to announce that it has signed a non-binding Memorandum of Understanding ("MoU") to supply Mangrove Lithium ("Mangrove") with spodumene concentrate produced at North American Lithium ("NAL"). A binding definitive agreement between Elevra and Mangrove may be signed at a future date, subject to Mangrove making a final investment decision prior to June 2027 for construction of a lithium conversion facility and agreement on the final terms of the agreement.
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