Elevra Lithium logs 20% H1 revenue gain, greenlights $15M plant expansion
Elevra Lithium Ltd’s first-half 2026 revenue rose 20% year-over-year to $48 million, driven by a 15% increase in lithium carbonate output and an average realized price of $24,000 per tonne. The company approved a $15 million capex expansion of its Sal de Vida processing plant, targeting 50,000 tonnes of annual production by year-end.
1. H1 2026 Earnings Overview
Elevra Lithium Ltd reported H1 2026 revenue of $48 million, a 20% increase from the same period last year. The uplift reflected a 15% rise in lithium carbonate output and stable average selling prices of $24,000 per tonne.
2. Sal de Vida Expansion Plan
The board approved a $15 million capital expenditure to expand processing capacity at the Sal de Vida site. Management expects the project to boost annual output to 50,000 tonnes by the end of 2026, supporting its growth targets.