Carmaker Ford has halved its spodumene order from Liontown Resources, with the lithium miner afforded another year before its $300 million loan repayments fall due.
Liontown Resources has posted a $193 million loss in its first set of full-year results since bringing its Kathleen Valley lithium mine into production.
Local lithium stocks closed with double-digit declines on the local bourse, following reports that CATL is restarting its globally significant lithium mine in China
The value of Gina Rinehart's rare earths portfolio has more than tripled to about $2.69 billion on a share price rally since the sector was upended and governments intervened to break China's stronghold.
Miners which don't heed traditional owner concerns about water will face production constraints, costly infrastructure bills, and reputational damage, according to new research.
Shares in local lithium stocks are surging off the back of major battery manufacturer Contemporary Amperex Technology halting production at its mammoth Jianxiawo lithium mine in China.
Lithium miner Liontown Resources has announced plans to raise up to $286 million at a discounted price of 73 cents, with a government-owned investor tipping in a large share.
Pilbara Minerals and Liontown aren't jumping out of bed for the small uptick in spodumene prices as the producers agree the industry should unite on a pricing mechanism to curb volatility.
Preserving cash amid persistently weak spodumene prices is priority for Liontown Resources as it progresses its transition to Australia's first underground lithium miner.
Liontown Resources has announced both Jon Latto and Adam Smits will depart the company in their respective roles as chief financial officer and chief operating officer.
Pilbara Minerals managing director and chief executive Dale Henderson says the lithium sector should consider how Australia can become more competitive against other global markets.
Liontown Resources has notched a $15 million loan from the state government's support package designed to aid languished lithium miners amid the persistent price downturn.
Liontown lifted quarterly production and revenue amid its underground transition at Kathleen Valley, but rising costs and a sluggish value chain squeezed its cash flow.
Liontown Resources has started production stoping at Australia's first underground lithium mine, as it pushes to take its Kathleen Valley operations completely below surface.
Liontown and Covalent Lithium are among the struggling lithium miners hoping to take advantage of the WA government's $150 million rescue package as prices remain languished.
Liontown Resources posted a half-year net loss of $15.2 million, down from $31 million during the prior corresponding period, amid production kicking off at Kathleen Valley.
Liontown Resources boss Tony Ottaviano says the company's ramp up of its Kathleen Valley operation is “proceeding to schedule” following an impressive December 2024 quarter.
Liontown Resources' boss Tony Ottaviano says the state government's lithium support package is a "broader menu to select from" but his first choice was always royalty relief.
Newly minted lithium miner Liontown Resources is paring back production and focusing on tapping higher margin ore in a bid to realise about $100 million in cost cuts.
Liontown boss Tony Ottaviano has battered away speculation that the company was the next cab off the rank in scaling back its battery metals operations amid weak prices.
A renewable wind and solar system powering Liontown Resources' Kathleen Valley mine could pave a path to firming Kalgoorlie's electricity supply, according to the state's Energy Minister.
The chief operating officer at newly producing lithium play Liontown Resources says the company will look to Pilbara Minerals for inspiration as it navigates commodity price turmoil.
Liontown Resources is trimming about 10 per cent of its workforce as the dust settles from construction of Kathleen Valley against a background of weak prices.
Stocks in WA lithium players recorded double-digit gains on the ASX in morning trade, including Mineral Resources, Liontown Resources and Pilbara Minerals.
Mark Beyer and Jack McGinn discuss corporate governance at Fortescue and Qantas; Woodside's ammonia buy; all the news out of Diggers & Dealers; Iplex's class action; and a big week for global markets.
WA Mines Minister David Michael has ruled out royalty relief for lithium producers in the immediate term, but insists he is listening to the concerns and needs of industry.
Mark Beyer and Mark Pownall discuss the week in lithium; construction issues; Fortescue's share price tumble; inflationary data; interest rates; house prices; CFMEU action; and Rex's plight.
Battery metals miner Liontown Resources has transitioned from developer to producer after announcing first spodumene concentrate at Kathleen Valley today.
