Gold Refinery Hall, UMaT

Elevra Lithium agrees US$71m sale of its Ewoyaa lithium interest in Ghana to Zhejiang Huayou Cobalt

Elevra Lithium (seller) / Zhejiang Huayou Cobalt (buyer)


Elevra Lithium agreed on 11 May 2026 to sell its interest in Ghana’s Ewoyaa lithium project, including associated offtake rights, to Zhejiang Huayou Cobalt for about US$71m in cash. Ghanaian Government approvals remained outstanding at Elevra’s update of 1 October 2026; if they are not obtained by 30 October, Huayou may complete or terminate. A US$5m break fee is payable if Huayou terminates, but not if Ghana rejects Huayou’s application on or before 30 October.

Advisers: not disclosed.

Source: Elevra Lithium update, 1 October 2026.