ASX:ELV 20 May 2026

ASX ends week slightly down, but credit and resource sectors under pressure
··········

ASX ends week slightly down, but credit and resource sectors under pressure

S&P/ASX 200 closed 15.5 points higher at 8,764.2 on Friday, up 0.18%. But the index still fell 64.5 points, or 0.73%, for the week. Friday’s lift made back less than a quarter of the week’s decline. Materials is coming off six straight down days, dropping 9.8% before a rebound on Friday, Market Index said. Energy slid 12% in the 10 sessions since June 11. All the leading early risers on the ASX 200 Friday were gold miners. Tech, defence and lithium names traded lower.
June 27, 2026
Elevra Lithium Starts $20 Million Share Plan, Stock in Focus
····

Elevra Lithium Starts $20 Million Share Plan, Stock in Focus

Elevra Lithium Ltd heads for Wednesday’s open after closing lower Tuesday, with investors digesting a new share purchase plan that could raise up to A$20 million and considering the impact of extra stock from a bigger institutional placement. The stock last changed hands at A$11.41, off 1.1%, for a market cap near A$2.2 billion. The timing is key. Elevra’s retail offer is part of a broader funding push to support its North American Lithium, or NAL, brownfield expansion in Quebec and technical studies at Moblan until a final investment decision. That’s when a company will decide if it’s going to put money into the project. Brownfield refers to expanding an existing site, not building a new mine.
May 20, 2026