Liontown Resources Ltd
ASX:LTR
Liontown Resources Ltd
Liontown Resources Ltd. engages in the exploration and evaluation of minerals. The company is headquartered in Perth, Western Australia. The company went IPO on 2006-12-27. The firm has a Tier-1 discovery at its flagship Kathleen Valley Lithium-Tantalum Project in Western Australia. Its projects also include Buldania Project, Moora Gold-PGE-Ni-Cu Project and Toolebuc Vanadium Project. The Buldania Project is the Company’s second hard-rock lithium project in Western Australia, located in the southern part of the Eastern Goldfields Province. The Moora Project comprises three contiguous, granted exploration licenses, including E70/5217, E70/5286 and E70/5287, which forms approximately 467 Square kilometer (km2). The Toolebuc Vanadium Project is located close to existing infrastructure, including a gas pipeline, a major highway and railway linked to Townsville Port.
Liontown Resources Ltd. engages in the exploration and evaluation of minerals. The company is headquartered in Perth, Western Australia. The company went IPO on 2006-12-27. The firm has a Tier-1 discovery at its flagship Kathleen Valley Lithium-Tantalum Project in Western Australia. Its projects also include Buldania Project, Moora Gold-PGE-Ni-Cu Project and Toolebuc Vanadium Project. The Buldania Project is the Company’s second hard-rock lithium project in Western Australia, located in the southern part of the Eastern Goldfields Province. The Moora Project comprises three contiguous, granted exploration licenses, including E70/5217, E70/5286 and E70/5287, which forms approximately 467 Square kilometer (km2). The Toolebuc Vanadium Project is located close to existing infrastructure, including a gas pipeline, a major highway and railway linked to Townsville Port.
Execution & Delivery: Liontown met all operational milestones for the quarter, ramping up underground production and maintaining strong plant performance as planned.
Financial Position: The company strengthened its balance sheet, ending the quarter with $420 million in cash after a $316 million equity raise and Ford debt facility restructuring.
Production & Costs: Quarterly production was 87,000 tonnes at 5% grade; unit operating costs rose 22% QoQ to $1,093 per tonne but are expected to trend lower as cleaner ore increases.
Guidance Unchanged: Liontown reaffirmed FY '26 targets, with recovery expected to reach 70% and full underground operations by Q3 FY '26.
Market & Demand: Management says lithium demand remains robust, supported by strong EV and battery storage growth, with EV sales up 26% YoY globally.
