LG Energy Solution has signed a four-year agreement with Canadian lithium producer Elevra Lithium to secure spodumene concentrate from the NAL mine in Quebec, strengthening its access to battery raw materials in North America.
Deliveries are scheduled to begin in late 2026. Under the agreement, Elevra will supply a total of 240,000 tonnes of lithium concentrate over the four-year period.
The contracted volume is equivalent to approximately 30,000 tonnes of lithium hydroxide, enough to support battery production for around 700,000 high-performance electric vehicles. The material will also provide feedstock for LG Energy Solution’s energy storage business.
NAL Mine Strengthens North American Lithium Supply
The NAL mine in Quebec previously supplied spodumene concentrate to LG Chem. Following Elevra Lithium’s takeover of operations, LG Energy Solution has secured a new supply arrangement from the same site.
The agreement adds to the South Korean battery manufacturer’s upstream resource portfolio in North America, helping reduce exposure to supply constraints as demand for batteries grows across electric vehicles and stationary energy storage.
LG Energy Solution Expands Regional Battery Capacity
LG Energy Solution currently operates five battery manufacturing facilities in North America, comprising three wholly owned plants and two joint ventures.
Its wholly owned operations include facilities in Lansing and Holland, Michigan, as well as NextStar Energy in Ontario, Canada. The joint-venture facilities include a battery plant developed with Honda Motor in Ohio and another established with General Motors in Tennessee.
NextStar Energy began mass production of energy storage batteries in November 2025. LG Energy Solution plans to increase its North American manufacturing capacity for lithium iron phosphate (LFP) energy storage batteries to more than 50 GWh by the end of 2026.
Securing Materials for EV and Energy Storage Demand
LG Energy Solution said the long-term supply agreement with Elevra will improve its ability to respond to demand from North American customers while providing greater certainty over raw material availability.
The company is expanding its regional energy storage manufacturing operations as demand for stationary battery systems increases. Securing lithium concentrate from a Canadian mine provides an additional domestic supply source for its battery production network.