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Liontown Limited (ASX:LTR)

ALERT: Price-sensitive ASX Announcement for LTR
Current share price for LTR : $1.270 0.165 (14.93%)+
Announcement
Release
29 Jul 2026 4:59PM
Price at Release
$1.105
Full Release
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Summary
Liontown Limited reported strong financial performance for the June 2026 quarter, with $137 million in net cash flow and a closing cash balance of $561 million. The company achieved a record revenue of $235 million, a 19% increase from the previous quarter, driven by higher shipment volumes and sustained spodumene pricing. Production for the quarter included 103,111 dmt of concentrate with an average Li2O grade of 5.0%. Operational improvements were noted with underground development reaching a record 3,316 metres. For FY26, Liontown delivered on its guidance, with concentrate production reaching 391,992 dmt and the all-in sustaining cost reported at A$1,233 per dmt. Looking ahead to FY27, the company plans to continue investment in its Kathleen Valley expansion, targeting a 2.8 Mtpa run rate by the end of FY27, with guidance set for 390–440 kdmt concentrate production. Unit operating costs are projected to be between A$1,050 and A$1,250 per dmt. The lithium market's recovery supports a strategic shift towards growth and future resilience.
Key Points
  • Record $137 million net cash flow for the June quarter 2026.
  • Closing cash balance of $561 million.
  • Revenue for the quarter at $235 million, a 19% increase from Q3.
  • Production included 103,111 dmt of concentrate with 5.0% Li2O grade.
  • Underground development reached a record 3,316 metres.
  • FY26 guidance met with 391,992 dmt concentrate produced.
  • All-in sustaining cost at A$1,233 per dmt for FY26.
  • Targeting 2.8 Mtpa run rate by end of FY27.
  • Projected FY27 concentrate production between 390-440 kdmt.
  • Unit operating costs for FY27 estimated at A$1,050 to A$1,250 per dmt.
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.