LTR off to a poor start already $700mil in debt before even 1 kg of commercial spodumene was produced.
If its that costly to build in outback WA, imagine what it will be like in pristine Quebec wilderness..
The Kathleen Valley project has run into its fair share of hurdles, navigating industry wide cost blowouts, as well as reckoning with tough price forecasts for the commodity. The explorer will also keep its existing $300m debt facility with offtake partner Ford, which has been fully drawn.
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