- Liontown Resources (ASX:LTR) seals an initial 10-year port services and access agreement with Mid West Ports Authority
- The agreement will facilitate the export of lithium from its Kathleen Valley project to LG Energy Solution, Tesla, and Ford
- Ministerial approval marked the final step in securing the lithium supply chain for at least the next decade
- LTR shares last traded at $1.36
Liontown Resources (ASX:LTR) has secured a 10-year port services and access agreement with the Mid West Ports Authority (MWPA).
This agreement will allow Liontown to export lithium spodumene concentrate from its Kathleen Valley project through the Port of Geraldton to global tier-1 offtake partners, including LG Energy Solution, Tesla, and Ford Motor Company.
The Ministerial approval of the Port Services and Access Agreement marked the final link in securing Liontown’s supply chain for the export of lithium ore from the world-class Kathleen Valley project.
The initial agreement spans 10 years, with options for extensions aligning with the expected mine life of the Kathleen Valley Project, totalling up to 20 years.
To ensure a seamless pit-to-port logistics solution, Liontown has also partnered with Qube Holdings.
This collaboration involves road transportation and port-side storage management services, allowing controlled transfer of the lithium product directly onto MWPA’s automated ship-loading infrastructure.
“Approval by WA Ports Minister Hon David Michael of the port agreement represents the final step in securing our supply chain to export lithium ore from Kathleen Valley,” Liontown Managing Director and CEO Tony Ottaviano said.
LTR shares last traded at $1.36.