Elevra Lithium's Green Power Use Gives It Key Edge -- Market Talk
Dow Jones
Apr 27
0124 GMT - Elevra Lithium's bull at Macquarie highlights a key advantage over rival miners: its use of renewable energy. Diesel accounts for only 5% of Elevra's operating costs. Instead the company relies on hydropower at its processing plant. Macquarie says this gives it "a key structural cost advantage versus other Western Australia-based lithium peers." It retains an outperform call on Elevra, and raises its price target by 13% to A$11.60/share, citing an improved earnings outlook. Elevra is up 8.3% at A$13.04 today. (david.winning@wsj.com; @dwinningWSJ)
(END) Dow Jones Newswires
April 26, 2026 21:24 ET (01:24 GMT)
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