Liontown Resources Limited (AU:LTR) has released an update.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Liontown Resources Limited has announced the signing of a $71 million contract with GR Engineering Services for the construction and commissioning of a paste plant facility to enhance their Kathleen Valley underground mining operations. The facility is designed for operational efficiency and environmental sustainability, with features enabling future expansion, dry stacking, and water recovery. This strategic investment is part of Liontown’s growth capital costs, covered by a recently secured A$550m financing facility.
For further insights into AU:LTR stock, check out TipRanks’ Stock Analysis page.