Elevra Lithium: quarterly revenue rises to $74M as unit costs fall
Elevra Lithium reported $74M in NAL quarterly revenue, up 137% from the prior quarter, while unit operating costs fell 14%, according to GlobeNewswire.
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what happened
Elevra Lithium Limited (ELV), according to GlobeNewswire, reported NAL revenue of $74M for the quarter ended September 2026. That is up 137% from the previous quarter.
Unit operating costs fell 14% to $780 per dry metric tonne sold. Sales rose 71% from the prior quarter to 58,134 dry metric tonnes. The realised price reached $1,276 per tonne FOB, up 39% from the previous quarter, and the final price will be settled in the December quarter.
Cash at quarter-end was $319M, and net cash stood at $240M. Concentrate output reached 54,907 dry metric tonnes, the company's second-highest on record.
why it matters
For the lithium raw materials market, the report signals a recovery in operating results and prices after a weak stretch. It covers a single project, so the effect on lithium prices overall is limited, but it may support investor interest in the sector.
market impact
Lithium: higher revenue and lower costs at one producer give modest support to the sector
tags
instruments
sources
- Elevra Lithium Limited (ELV) Posts $74M Qtr Revenue, Cuts Unit Costs — globenewswire.com, 26 October 2026 at 22:20 UTC
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