We are on schedule to achieve a major milestone with the first shipment of concentrate from Kathleen Valley in September.

Highlights

• We have produced >10,000 tonnes of concentrate since announcing first production at Kathleen Valley
• Stockpile built with a weighted average concentrate grade of 5.2% Li₂O, in line with our expectations
• The logistics chain is fully commissioned, with the Kathleen Valley concentrate storage facility, road transport and port shed operational ahead of first shipment
• Liontown remains on track for its inaugural shipment of concentrate, which is anticipated by the end of September.

On-schedule for first shipment of concentrate

Liontown has produced more than 10,000 tonnes of concentrate since commencing operations at Kathleen Valley, reflecting robust plant operation and availability.

The concentrate produced to-date has a weighted average grade of 5.2% Li₂O, with all key parameters meeting or exceeding contractual product specifications for the expected first shipment. The concentrate stockpile is currently split between site and port, with approximately half of the stockpile already at the port. The remaining concentrate stockpiled at Kathleen Valley will progressively be transported to the port ahead of the first shipment planned for September to an existing contract customer.

Commissioning and mobilising the logistics chain has been a key focus, with the Kathleen Valley Project site and port shed fully operational and ready to support concentrate shipping. This progress continues to reflect Liontown’s dedication to operational excellence and ability to deliver on its commitments.

Liontown’s Managing Director and CEO, Tony Ottaviano, said:

“Reaching significant levels of concentrate stockpiles at Kathleen Valley, with a weighted average grade of 5.2% Li₂O, is another remarkable achievement for our team and the plant design, especially considering it’s only one month since we announced first production.

The successful mobilisation of our logistics chain and the operational readiness of our site facilities underscores our strong commitment to delivering on our commitments. As we eagerly anticipate our first shipment, scheduled for September, this progress positions us on the cusp of revenue generation, reinforcing our dedication to enhancing shareholder value.

We remain confident in the continued success and growth of the Kathleen Valley Project.”