Liontown Resources Limited ( (AU:LTR) ) has issued an announcement.
Liontown Resources Limited has commenced underground production at its Kathleen Valley Lithium Operation, marking a significant milestone in its transition to underground mining. The first production stope was fired on schedule, with trials confirming the processability of underground ore and lithia recoveries exceeding 70%. This strategic move is expected to optimize throughput and maximize value, with the mine development focusing on high-margin ore and future shareholder returns.
More about Liontown Resources Limited
Liontown Resources Limited is a company operating in the mining industry, focusing on lithium extraction. The company is engaged in developing Australia’s first underground lithium mine, aiming to transition from open-pit to underground operations to enhance ore extraction and recovery processes.
YTD Price Performance: -25.94%
Average Trading Volume: 7,212
Technical Sentiment Signal: Strong Buy
Current Market Cap: €632.8M
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