The Tony Ottaviano-led lithium hopeful receives a $300 million government boost for its costly Kathleen Valley development, as it weighs up options for downstream processing.
Liontown Resources has pushed ahead with a decision to sell direct shipping ore to unlock an early source of revenue for its Kathleen Valley lithium venture.
The lithium hopeful has recruited Qube Holdings to transport spodumene concentrate from Kathleen Valley to the Port of Geraldton ahead of anticipated first production in mid-2024.
The first open-pit blast has been fired at Liontown Resources' Kathleen Valley lithium mine after the company announced the project's $300 million cost blowout last month.
Estimated costs to deliver Liontown Resources' Kathleen Valley project have escalated to $895 million and shares in the lithium explorer have plunged by 14 per cent.
Liontown Resources is planning to operate the Kathleen Valley Lithium Project with 100 per cent renewable energy for 15 years, after signing an agreement with Zenith Energy.
Liontown Resources has appointed Lycopodium to build its proposed Kathleen Valley lithium project for $35 million after reaching a final investment decision last month.
Liontown Resources will push ahead with its proposed Kathleen Valley lithium project after tying up its third and final offtake deal and a $300 million debt facility with Ford.
Liontown has found its first binding offtake partner in South Korean battery giant LG Energy Solution, who is lined up to acquire one third of Kathleen Valley's start-up production capacity.
Budding lithium player Liontown Resources has unveiled a big share placement to fund its planned mine, with the deal also marking the first WA transaction for investment bank Barrenjoey.
Liontown Resources has detailed plans for what it claims will be one of the biggest lithium mines in the world, revealing a 23-year operation at Kathleen Valley in the Goldfields.
Red 5 has reversed the operating strategy for its Darlot and King of the Hills mines in WA, while fellow goldminer Ramelius Resources also unveiled a new production plan.
Lithium company Liontown Resources is undertaking a $50 million capital raising, with the funds expected to help accelerate the progression of its Kathleen Valley project.
Tim Goyder-chaired Liontown Resources has recruited BHP executive Tony Ottaviano to lead the company in its transition from lithium explorer to developer.
Our board moves wrap includes Mark Freeman, James Bahen, Nicholas Sage, Costa Tsesmelis, Alexander Hewlett, Paul Adams, Simon Durack, Laura Coles, Jon Bennett, Kate Pass, Lloyd Smith, and Tony Ottaviano.
WA Symphony Orchestra chief executive Mark Coughlan has resigned from the role, 17 months after he stepped up from a non-executive board role to lead the organisation.