Liontown Resources

About

Liontown develops the Kathleen Valley hard‑rock lithium deposit to produce spodumene and battery‑grade lithium chemicals, has supply agreements and partnerships to develop refineries in the U.S. and Japan.

Mission

Liontown is developing the large, high‑grade Kathleen Valley hard‑rock lithium deposit and plans to produce spodumene and battery‑grade lithium chemicals. The company expects the mine to be in production by the end of July. Liontown expanded its existing supply agreement for spodumene concentrate from five years to 15 years and says the Kathleen Valley resource is large enough to feed multiple refineries. It has an expanded partnership with LG Energy Solution that includes studies to develop a U.S.‑compliant refinery to process spodumene into battery‑grade lithium chemicals, and a parallel partnership with Sumitomo to explore production in Japan. LG Energy Solution is investing $250 million via five‑year convertible notes; if converted today those notes would represent roughly an 8% stake. The company is operating amid sharply falling lithium prices — a benchmark for refined lithium carbonate in Asia is about one‑third of what it was a year ago — and its shares rose more than 7% on the funding news.

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