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heeno

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13

30/09/24

09:10

Post #: 75898437
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Originally posted by Flareside: ↑

Inaugural shipment of Kathleen Valley spodumene concentratesailsLiontown Resources achieves major milestones with the maiden shipment of spodumene concentrate, andthe commencement of spot sales for spodumene concentrate from Kathleen Valley Lithium Project.
Highlights
• First shipment of concentrate from Kathleen Valley successfully loaded onto MV Eckert Oldendorff anddeparted the Port of Geraldton on 27 September 2024.
• Shipment comprised of 11,855 wet metric tonnes (WMT) of spodumene concentrate with a weightedaverage concentrate grade of 5.2% Li2O,1 enroute to an existing offtake customer.
• The operational performance of both the processing plant and logistics chain continues to be in line withour expectations, following the commencement of production this quarter.2
• Concentrate stockpiles continue to build between site and the Port, with >28,000 WMT of concentrateproduced to date, reflecting a positive start to the ramp up towards steady state production.3
• Commenced spot sales of uncontracted spodumene concentrate, achieving a premium price to spot, forshipment in early Q4 CY2024.

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Gotta love that last dot point achieving a Premium Price

LTR Price at posting: 78.5¢ Sentiment: Buy Disclosure: Held
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