BUZZ-Elevra Lithium rises on potential spodumene supply deal

Reuters

02/10

BUZZ-<a href="https://laohu8.com/S/ELVR">Elevra Lithium</a> rises on potential spodumene supply deal

** North American lithium producer Elevra Lithium ELV.AX shares rise 6.3% to A$7.64, their highest level since January 29

** Elevra signs non-binding MoU to supply Mangrove Lithium with spodumene concentrate

** Parties intend to negotiate definitive agreement under which co could supply up to 144,000 tonnes per year of spodumene concentrate to Mangrove at market-related prices, subject to floor and ceiling prices

** Stock down 4.9% YTD, after falling 10.6% in 2025

(Reporting by Shruti Agarwal in Bengaluru)

((Shruti.Agarwal@thomsonreuters.com))

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