Australia's Elevra Lithium rises on selling stake in Ewoyaa Lithium Project

Elevra Lithium

11/05/2026 03:17

** Elevra Lithium ELV.AX rises as much as 4.1% to A$14.06, highest since October 13, 2023

** Lithium producer to sell its interest in Ewoyaa Lithium Project in Ghana to Zhejiang Huayou Cobalt for ~$71 million

** Sale to allow co to focus on core North American assets while simplifying corporate, operational structure by removing complexities associated with Ewoyaa's JV ownership framework, offtake arrangements

** ELV up 72.3% YTD

 (Reporting by Anjali Singh in Bengaluru)

 ((anjali.singh2@thomsonreuters.com;))