Liontown Resources has reached major milestones in the advancement of its Kathleen Valley lithium project in Western Australia: the maiden shipment of its spodumene concentrate and the commencement of spot sales for spodumene concentrate. The company said this week its first shipment of concentrate from Kathleen Valley successfully loaded onto MV Eckert Oldendorff and departed the Port of Geraldton on…
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Liontown secures offtake with China’s BSIT
Liontown Resources said it has executed a full-form offtake agreement with Beijing Sinomine International Trade Co. (BSIT) for the supply of spodumene concentrate from its flagship Kathleen Valley lithium project in Western Australia. “Securing a near-term offtake with an established lithium refiner to sell initial volumes over the ramp-up period, de-risks sales during our ramp-up of the plant towards nameplate…
Read MorePricing at core of Grants lithium pit suspension
Following a strategic review intended to ‘preserve business value in…weak market conditions”, Core Lithium has confirmed it will temporarily suspend mining at the Grants open pit near Darwin, Northern Territory, Australia. It acknowledged the decline of spodumene concentrate, which has dropped 85% in 12 months and 50% since the end of October 2023, and noted that it will reduce its…
Read MoreLeo Lithium awards services deal to Corica Mali
Leo Lithium Limited has finalised the award of its mining services contract for the Goulamina lithium project in Mali in a deal worth US$348 million. The Corica Mining Services subsidiary’s contract encompasses six months of pre-production activities at Goulamina followed by a fixed five-year term. The contract was awarded following a competitive tender process and extensive due diligence that examined…
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