LIONTOWN ORD
Liontown Resources dispatches maiden spodumene concentrate shipment from Kathleen Valley
Western Australian lithium miner Liontown Resources (ASX: LTR) has achieved a significant milestone with the dispatch of its maiden spodumene concentrate shipment from its Kathleen Valley operation. The first shipment, currently in transit to China for an existing offtake customer, also marks the commencement of spot sales for spodumene concentrate from Kathleen Valley. The first […]
Liontown Resources secures funding and offtake deal with LG Energy Solution for Kathleen Valley lithium project
Liontown Resources (ASX: LTR) has secured a $379 million investment and a 10-year offtake extension from foundational partner LG Energy Solution in relation to its flagship Kathleen Valley lithium project in Western Australia. The investment will take the form of five-year convertible notes secured at a conversion price of $1.80 per share and a coupon […]
Lithium boom and bust gives super funds a chance to catch up
One of the good things that emerged out of the massive boom and bust in Australia’s lithium mining space is that our big superannuation funds have fully emerged as counter-cyclical investors. Now that the price of lithium and the share prices of many lithium miners and explorers are in the toilet, Australia’s largest super fund […]
Albemarle reassesses global investment strategy, exits Liontown amid falling lithium prices
Leading international lithium firm Albemarle, which was prominent in an Australian project bidding frenzy in late 2023, has had to dramatically rethink its global investment plans. With lithium prices continuing to tumble, the US-headquartered firm said it is now taking “proactive measures to re-phase growth investments” and optimise cost structure to generate long-term financial flexibility […]