LG Energy Solution Secures Multi-Year Supply of Canadian Spodumene Concentrate from Elevra

• 240,000 dry metric tonnes of spodumene concentrate to be supplied from operational Canadian mine over four years
• Local supply supports growing North American ESS demand and strengthens regional value chains
• Securing spodumene concentrate enhances raw material flexibility across EV and ESS markets

SEOUL, South Korea, Oct. 8, 2026 /PRNewswire/ — LG Energy Solution (KRX: 373220) today announced it has signed a multi-year binding offtake agreement with Elevra Lithium for spodumene concentrate.

Elevra Lithium is a North American lithium producer with projects in Quebec, Canada, United States, and a joint venture in Western Australia.

Starting later this year, Elevra Lithium will supply LG Energy Solution with 240,000 dry metric tonnes of spodumene concentrate over a four-year period. The spodumene concentrate will be produced at Elevra’s North American Lithium (NAL) project in Quebec, Canada, which is already operational.