Elevra Lithium Expands NAL Mine with Updated Scoping Study Results
Elevra Lithium Limited's updated scoping study for the North American Lithium mine reveals accelerated production timelines and enhanced financial metrics. The expansion project is projected to increase annual production to 338 ktpa and boost post-tax NPV from US$355M to US$718M, with a total capital expenditure of US$270M.
Theia Market Signal Identification - AI AssistedElevra Lithium Limited's updated scoping study for the North American Lithium (NAL) mine indicates a production increase to 338 ktpa by 2028, two years ahead of the previous timeline. The post-tax NPV of the project has risen to US$718M, up from US$355M, while total capital expenditures remain at US$270M.
The expansion will be executed in three stages, with Stage 1 commencing mid-2027 and Stage 3 anticipated to complete by mid-2029. The staged approach is designed to optimize costs and production efficiency, addressing potential risks related to throughput and environmental approvals. With the growing demand for lithium, this expansion positions Elevra to capitalize on market opportunities.
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