Liontown Resources Limited (AU:LTR) has released an update.
Liontown Resources Limited nears its first production of lithium at the Kathleen Valley Project, with construction completion over 95% and significant progress in underground development. The fully commissioned 95MW Hybrid Power Station is now powering the site, and the company maintains a strong cash position of A$122.9 million. A recent US$250 million convertible note agreement with LG Energy Solution secures additional funding and offtake commitments, bolstering Liontown’s upcoming operational ramp-up and potential future expansion.
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