Liontown Says Board Approves Kathleen Valley Expansion

By Reuters News

- Liontown Ltd LTR.AX:

  • KATHLEEN VALLEY EXPANSION FINAL INVESTMENT DECISION

  • BOARD APPROVES KATHLEEN VALLEY EXPANSION TARGETING ~780,000 DMT/YEAR CONCENTRATE PRODUCTION

  • APPROVED EXPANSION CAPITAL OF A$389 MILLION WITH FORECAST PAYBACK OF 2.5 YEARS

  • EXPANSION TO INCREASE PROCESSING CAPACITY TO 4.2 MTPA, PEAK PRODUCTION OVER 800,000 DMT IN FY34

  • FY27 CAPEX GUIDANCE UPDATED TO A$435-A$495 MILLION

  • TARGETS UNIT OPERATING COSTS OF A$840-$920/DMT FOB AND SUSTAINING CAPITAL OF A$90-$100 MILLION/YEAR FROM FY30

  • ESTIMATES 210 FTE ROLES DURING CONSTRUCTION AND 185 ONGOING ROLES POST-EXPANSION

Further company coverage: LTR.AX

Capital Com is an execution-only service provider. The present material must be regarded as marketing communication and should not be interpreted as investment research or investment advice. Any opinion that may be provided on this page does not constitute a recommendation by Capital Com or its agents. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. If you rely on the information on this page, then you do so entirely at your own risk