North American lithium producer Elevra Lithium Limited (“Elevra”) (ASX:ELV; NASDAQ:ELVR) is pleased to announce that it has executed a binding Spodumene Concentrate Supply Agreement (the “Agreement”) with Mangrove Lithium (“Mangrove”) for the long-term supply of spodumene concentrate produced at North American Lithium (“NAL”) in Québec.

Mangrove Lithium announced the opening of its first commercial lithium refining facility in Delta, British Columbia – the first of its kind in North America – marking a major milestone in establishing a secure, domestic lithium supply chain for Canada and the North American market.

Natural Resources Canada has conditionally approved a $21.88M non-repayable contribution through their Global Partnerships Initiative to support Mangrove Lithium’s work piloting an end-to-end spodumene to battery grade lithium conversion process and completing FEL engineering for our proposed 20,000 tpa lithium refining facility in Canada.

North American lithium producer Elevra Lithium Limited announced that it has signed a non-binding Memorandum of Understanding ("MoU") to supply Mangrove Lithium with spodumene concentrate produced at North American Lithium ("NAL").

Canada Growth Fund Inc. (“CGF”) and Mangrove Water Technologies Ltd. (“Mangrove Lithium” or the “Company”), a Canadian cleantech company, announced today an up to US$85 million structured financing to support the commercialization and deployment of Mangrove Lithium’s lithium refining technology in Canada and abroad.

Mangrove Lithium, a leader in advanced lithium refining technology, has been named to Cleantech Group’s 2026 Global Cleantech 100 for the fourth year in a row. This annual list recognizes the most innovative companies delivering market-ready solutions to accelerate a cleaner, more resilient global future.