First cargo to long-term foundational offtake customer
10/12/2024Liontown’s largest cargo of spodumene concentrate and the first to LG Energy Solution under long-term offtake agreement sails from the Port of Geraldton today, 11 December 2024.
This marks the fourth and largest cargo shipped since Kathleen Valley Lithium Operations commenced production.
Liontown’s Managing Director and CEO Tony Ottaviano said:
“Shipping our first cargo to LG Energy Solution marks the beginning of our long-term offtake partnership. This ~33,000wmt shipment of spodumene concentrate is our largest to date, and I’m incredibly proud of our team’s hard work and dedication. We have now shipped one cargo per month since our first cargo in September, generating revenue and demonstrating continued progress on our ramp up toward becoming a reliable, major supplier of lithium to the global market.”
