Ann: Albemarle increases relevant interest in Liontown shares, page-291

Just spoke to Peter from Investor relations at Liontown. BOD are meeting as I post this..

I said they need to get on the wire and start reminding everyone of the value to come in the next 1-2 years and moving to production. This includes an update on Buldania.

Discussions were around who holds the shares and the fact that LTR is different from other ASX companies and large holdings sit in a fewer hands and are tightly held.

I reminded Peter to the statements made by TG previously and the fact he wants to see this company get to production and shareholders are aligned with this.

Discussed the opportunistic nature of ALBs approach.

Interesting the discussion then focused around lithium prices and china using their inventories as opposed to buying on the market to keep prices down and who benefits most if the market remains consolidated amongst a few players.

Also talked about Australian Jobs, High tech jobs and the opportunities for downstream processing will be huge.

I got the sense from Peter there really is nothing to worry about here. Yes this has to be taken seriously but BOD are working on managing the situation and it's not lost on them either whats at stake.