Kathleen Valley update and H2 FY25 guidance
10/11/2024We have announced an update to our production plans and provided H2 FY25 guidance for Kathleen Valley.
Following a strong commencement of production ramp-up, Liontown is resetting the baseline for its mine and production plans to prioritise higher margin ore at reduced costs to adapt to the low-price lithium environment.
Key highlights
- Revised mine plan designed to deliver 2.8Mtpa production rate from the end of FY27, with a focus on high margin tonnes and expected reduction in development and fixed costs.
- Expected A$775 – 855 per dmt SC6 sold unit operating costs (FOB)1 for H2 FY25.
- Up to A$100 million in cost reductions and deferrals expected to be captured through Business Optimisation Program, demonstrating disciplined capital and cost management.
- Optionality for future expansion preserved when market conditions improve.
Webcast recording
An investor webcast was held at 9:00am AEDT / 6:00am AWST on Monday, 11 November 2024.