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Liontown Limited (ASX:LTR)

ALERT: Price-sensitive ASX Announcement for LTR
Current share price for LTR : $1.305 0.105 (8.75%)+
Announcement
Release
29 Jul 2026 9:04AM
Price at Release
$1.200
Full Release
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Summary
Liontown Limited reported a robust financial performance for the June 2026 quarter, achieving a net cash flow of $137 million, bringing its cash balance to $561 million by the quarter's end. Underground ore mining totaled 356 kt, with record development of 3,316 meters, supporting the ramp-up to a 2.8 Mtpa mining rate by FY27's end. The company produced 103,111 dmt of spodumene concentrate, selling 108,489 dmt at a 5.0% Liâ‚‚O grade. The Kathleen Valley expansion and business optimization efforts progressed, with investments in early works and procurement. Despite increased operating costs, driven by higher transport and sustaining capex, Liontown met its FY26 guidance and outlined its FY27 plans, aiming for continued growth and operational efficiency.
Key Points
  • Net cash flow of $137 million for the quarter
  • Cash balance reached $561 million
  • 356 kt of underground ore mined
  • Record development of 3,316 meters
  • 103,111 dmt of spodumene concentrate produced
  • 108,489 dmt concentrate sold at 5.0% Li2O
  • Kathleen Valley expansion and business optimization underway
  • Increased operating costs due to transport and sustaining capex
  • FY26 guidance met; FY27 plans outlined
  • 2.8 Mtpa mining rate target by end of FY27
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.