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2 clusters · 6 sources · 15 days · First seen · Last updated

North American lithium production expansion

Overview

North American lithium production and development activities have seen significant movement through capital raising and project expansion announcements.

Prairie Lithium, previously Arizona Lithium, listed 200 million shares on the Australian Securities Exchange to secure funding for its Saskatchewan, Canada, projects. The company aims to utilize Direct Lithium Extraction technology to begin commercial production by the fourth quarter of 2026.

Following this, producers Lithium Universe and Elevra Lithium released positive pre-feasibility studies for large-scale projects. Lithium Universe confirmed the viability of a $607 million refinery project in Texas designed to produce battery-grade lithium carbonate. Simultaneously, Elevra Lithium announced a staged expansion in Quebec intended to nearly double annual spodumene concentrate production to 373,000 tonnes per annum.

Entities

ASX · Quebec · Brownsville · Elevra Lithium Limited · Lithium Universe

Timeline

  1. 5 days ago

    [BUSINESS] 3 sources
    North American lithium producers announce major project expansions

    Lithium Universe and Elevra Lithium have announced positive pre-feasibility studies for major lithium refinery and spodumene production expansion projects in Texas and Quebec.

  2. 19 days ago

    [BUSINESS] 3 sources
    Prairie Lithium lists 200 million shares on the ASX

    Prairie Lithium has listed 200 million shares on the ASX to increase liquidity and fund its Direct Lithium Extraction projects in North America, targeting commercial production by late 2026.

Sources

abnnewswire.net · ad-hoc-news.de · it-boltwise.de · kapitalmarktexperten.de · marketwire.com · mqworld.com