Liontown Resources (ASX:LTR) clip the ticket for Kathleen ValleyDecember 4, 2023
Liontown Resources has taken the final step in securing our supply chain to export lithium ore from Kathleen Valley by securing a long-term agreement for Port Services and Access with the Mid West Ports Authority (MWPA).
The agreement will enable the export of lithium spodumene concentrate from the company’s Kathleen Valley Project via the Port of Geraldton to tier-1 offtake partners – LG Energy Solution, Tesla, and Ford Motor Company.
The government approval represents a significant step in securing Liontown’s supply chain for the export of lithium ore from the Kathleen Valley Project.
The agreement is for an initial period of 10 years, with options for extension for a further 10 years and three years, respectively.
These options are aligned with the expected mine life of the Kathleen Valley Project.
Liontown is partnering with Qube Holdings Limited to provide road transportation and port-side storage management services.
This collaboration will enable the controlled transfer of products directly onto MWPA’s automated ship-loading infrastructure.
“Approval by WA Ports Minister Hon. David Michael of the port agreement represents the final step in securing our supply chain to export lithium ore from Kathleen Valley,” Liontown’s Managing Director and CEO Tony Ottaviano said.
The Port of Geraldton is a world-class facility with future growth aspirations. Liontown is pleased to support the diversification of critical minerals exports out of the port for at least the next 20 years.
“We thank the Mid West Ports Authority, for their support and look forward to exporting material from mid-2024.
About Liontown Resources
Liontown is an ASX100 company with a focus on battery minerals. Liontown aims to be an ESG leader in the resources sector and a globally significant provider of battery minerals for the rapidly growing clean energy market.
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