• North American Lithium (NAL) achieved a new monthly production record in May 2026.
• Strategic Financing Package fully funds NAL Expansion and supports Moblan project.
• Elevra sold its interest in the Ewoyaa Project in Ghana for US$71 million.
• Cash balance at the end of June 2026 was US$255 million.
• Guidance for FY27 to be provided with FY26 Full Year Results in late August.

ELV.ASX reported a strong operational performance for the June 2026 quarter. North American Lithium (NAL) achieved a new monthly production record in May 2026, with spodumene concentrate production increasing by 15% QoQ to 54,479 dry metric tonnes (dmt) at an average grade of 5.0%. The company secured a Strategic Financing Package that fully funds the NAL Brownfield Expansion and supports the advancement of the Moblan project. Elevra also sold its interest in the Ewoyaa Project in Ghana for approximately US$71 million to streamline its growth portfolio. The company maintained a strong safety record with no lost-time injuries during the quarter. The cash balance at the end of June 2026 was US$255 million, not including proceeds from the Ewoyaa Project sale or the draw down of the first tranche of the CGF convertible note. Guidance for FY27 will be provided with FY26 Full Year Results in late August.

Guidance for FY27 to be provided with FY26 Full Year Results in late August

ELV.ASX expects future realised pricing to align more closely with spot spodumene pricing as all obligations under the legacy contract have been satisfied.