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Liontown Secures Major Offtake Agreement with Canmax Technologies

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Liontown Secures Major Offtake Agreement with Canmax Technologies

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An update from Liontown Resources Limited ( (AU:LTR) ) is now available.

Liontown Limited has executed a binding Offtake Agreement with Canmax Technologies, a leading producer of lithium chemicals, for the supply of 150,000 wet metric tonnes of spodumene concentrate annually in 2027 and 2028. This agreement, which uses a pricing formula based on spodumene concentrate indices, complements Liontown’s existing customer arrangements and supports its strategy to diversify its customer base geographically and across the battery value chain.

The most recent analyst rating on (AU:LTR) stock is a Sell with a A$1.00 price target. To see the full list of analyst forecasts on Liontown Resources Limited stock, see the AU:LTR Stock Forecast page.

More about Liontown Resources Limited

Liontown Limited (ASX:LTR) is a responsible battery minerals provider with a focus on powering a sustainable future by ensuring a reliable supply of essential minerals. The company controls two major lithium deposits in Western Australia and aims to expand its portfolio through exploration, partnerships, and acquisitions. Liontown also seeks to participate in downstream value-adding where control of the deposit provides a competitive advantage.

YTD Price Performance: 151.43%

Average Trading Volume: 23,584,048

Technical Sentiment Signal: Buy

Current Market Cap: A$3.88B

For a thorough assessment of LTR stock, go to TipRanks’ Stock Analysis page.

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