...if you want to make this sort of announcement, you should also disclose
1. The price at which the shipment is made
2. The outlook and expected timeline of future shipments to LG
....when those details are not disclosed, one can only interpret that there's nothing good to disclose.
....this is what I meant by lack of management transparency in disclosure. Only positives, while negatives and/or setbacks are placed in the backburner and only disclosed when it becomes untenable not to do so.
------------------------------
First cargo to long-term foundational offtake customer Liontown’s largest cargo of spodumene concentrate and the first to LG Energy Solution under long-term offtake agreement sails from the Port of Geraldton today.
Highlights
• First cargo of spodumene concentrate to long-term foundational customer LG Energy Solution loaded onto MV Bunun Queen, is sailing from the Port of Geraldton on 11 December 2024.
• Shipment comprised of two separate Liontown cargoes, totalling ~33,000 wet metric tons (WMT) of spodumene concentrate with a weighted average concentrate grade of ~5.2% Li2O, 1 including ~11,000WMT designated for LG Energy Solution, with the balance sold to an existing short-term offtake customer.
• This marks the fourth and largest cargo shipped since Kathleen Valley Lithium Operations commenced production
