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.
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.
Arafura Rare Earths boss Darryl Cuzzubbo has beckoned the prospect of a price floor in the government's critical minerals stockpile, which he says could break China's price control.
Preserving cash amid persistently weak spodumene prices is priority for Liontown Resources as it progresses its transition to Australia's first underground lithium miner.
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.
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.
Battery metals miner Liontown Resources has transitioned from developer to producer after announcing first spodumene concentrate at Kathleen Valley today.
Liontown Resources' Kathleen Valley lithium project is on the cusp of first production, with construction more than 95 per cent complete at the northern Goldfields site.
Kathleen Valley developer Liontown Resources has secured a short-term offtake deal with a Chinese lithium refiner to sell initial volumes during the ramp-up period.
Liontown Resources has secured $US250 million ($A379 million) from Korea's LG Energy Solution to help fund its flagship Kathleen Valley lithium project.
GR Engineering Services has won a $71 million contract for work on delivering and commissioning of Liontown Resource's paste plant facility at its Kathleen Valley project.
Liontown Resources continues to move closer to the first production of spodumene concentrate at its Kathleen Valley lithium project, following a positive March 2024 quarter.
Kathleen Valley developer Liontown Resources has once again assured its lithium asset is on budget and on track towards production mid-2024 amid volatile market conditions.
Kathleen Valley developer Liontown Resources has locked in a long-term port services and access agreement with the Mid West Ports Authority for its lithium project
Liontown Resources has drummed up significant equity and debt funding to get Kathleen Valley up and running, lining up a $376 million capital raising and a $760 million loan package.
Albemarle won't make a binding offer for Liontown Resources and its Kathleen Valley project after billionaire Gina Rinehart bought up nearly 20 per cent of the business.
Kathleen Valley developer Liontown Resources has revealed another cost creep for its now almost $1 billion flagship lithium project being eyed by industry giants.
Takeover target Liontown Resources has awarded its final major construction contract for its Kathleen Valley lithium project after engaging Monadelphous Group.
Liontown Resources has awarded a $1 billion underground mining services contract to Byrnecut as the market waits to hear whether it's stretched the Kathleen Valley project budget.
