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Liontown Limited (ASX:LTR)

ALERT: Price-sensitive ASX Announcement for LTR
Current share price for LTR : $1.235 -1.135 (-47.89%)+
Announcement
Release
29 Apr 2026 8:51AM
Price at Release
$2.370
Full Release
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Summary
Liontown Limited has announced the commencement of early works and procurement for the expansion of its Kathleen Valley Lithium Operation, with a formal Final Investment Decision (FID) expected at the end of Q1 FY2027. This initiative marks the first step in refreshing the expansion plan outlined in the 2021 Definitive Feasibility Study. The expansion aims to enhance production capacity by procuring critical equipment, including a 5.5MW ball mill, and supporting infrastructure developments. The committed capital for this phase is approximately A$12 million, with total early works expenditures expected to reach A$15-18 million in FY2026. These efforts are designed to mitigate risks and capitalize on a strengthening lithium market, positioning Liontown for future growth in lithium production.
Key Points
  • Early works and procurement initiated for Kathleen Valley expansion
  • Final Investment Decision expected end of Q1 FY2027
  • Initial step in refreshing the 2021 expansion case
  • Procurement includes a 5.5MW ball mill for increased capacity
  • FY2026 early works expenditure anticipated at A$15-18 million
  • A$12 million committed for ball mill over next 12 months
  • Expansion expected to mitigate schedule and pricing risks
  • Strengthened position in the lithium market
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.