Liontown Resources Limited (AU:LTR) has released an update.
Liontown Resources Limited is nearing the completion of its Kathleen Valley Lithium Project, with the process plant 90% complete and on track for first production by mid-2024. The company has successfully executed an A$550 million debt facility to ensure financial readiness for production ramp-up, and boasts a robust cash balance of A$358.1 million. Amidst strong progress, Liontown is reviewing the timing of a proposed expansion in response to market conditions, with updates expected in the next quarter.
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