Liontown Resources (ASX: $LTR) production milestones at Kathleen Valley Lithium Project

Liontown Resources Limited (ASX: $LTR) has achieved significant production milestones at its Kathleen Valley Lithium Project, with the first underground development ore mined and the first spodumene concentrate delivered to port. The company's Managing Director and CEO, Tony Ottaviano, presented at the 2024 Diggers and Dealers Mining Forum on August 6, 2024, highlighting the achievements and future plans for the project.

Executive Commentary on Production Milestones

Just a week after achieving first production, the first truckload of spodumene concentrate has been successfully dispatched to Geraldton Port. This rapid progression underscores the momentum we are building as we transition from construction to production. Additionally, hitting our first development ore milestone at Mt Mann demonstrates our continued operational success, and strengthens our position as a leading emerging global supplier of battery minerals. We look forward to advancing our long-term strategy and supporting the transition to a low-carbon future.

Summary of Kathleen Valley Production Milestones

Liontown Resources (ASX: $LTR) has made significant progress at its Kathleen Valley Lithium Project, achieving the first underground development ore mining and the delivery of spodumene concentrate to port. The company anticipates the first production of ore from the stoping cycle by the end of calendar year 2024. Liontown's strategy includes becoming a globally significant sustainable supplier of spodumene and participating in downstream value-adding to capture higher margins and create new supply chains. The company is well-positioned to benefit from the growing demand for battery minerals and aims to maximize downstream value through strategic partnerships. With a strong balance sheet and strategic partnerships, Liontown is committed to delivering long-term value to its shareholders.