14
Mar
15:07
Liontown secures $363m debt facility for Kathleen Valley
Australia-listed Liontown Resources has entered into an AUD 550 million ($363.2m) debt facility to fund the ramp-up of its Kathleen Valley lithium project in Western Australia.
The lithium developer in January had announced a review of the planned 4 million tonnes/year project expansion, citing weak lithium market conditions. The review, Liontown said at the time, was to “preserve capital” and reduce the project’s “near-term funding require…
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