Stocks of the Hour: Liontown Resources, Andromeda Metals, Adisyn
A snapshot of the stocks on the move, featuring Liontown Resources (ASX:LTR), Andromeda Metals (ASX:ADN) and Adisyn Ltd (ASX:AI1).
Read MoreTag: LTR
Liontown secures strategic partnership to deliver long-term funding
At one stage in 2023, Liontown Resources (ASX:LTR) announced it had secured a $A1.13 billion funding package to bring its Kathleen Valley spodumene mine in Western Australia into production.
Read MoreLiontown Resources halts trading amid funding rumours
Troubled lithium wannabe Liontown Resources (ASX:LTR) had trading in its shares halted Tuesday as rumors spread that it’s facing further funding pressures for its almost finished Kathleen Valley Lithium Project in Western Australia.
Read MoreLiontown Resources faces funding woes
In another 'bloody Monday' news release, Liontown Resources (ASX:LTR) has joined the project review queue, resulting in the loss of a massive funding package aimed at completing the Kathleen Valley project.
Read MoreStocks of the Hour: BluGlass, Liontown Resources, Noble Helium, Empire Energy
A snapshot of the stocks on the move, featuring BluGlass (ASX:BLG), Liontown Resources (ASX:LTR), Noble Helium (ASX:NHE) and Empire Energy (ASX:EEG).
Read MoreStocks of the Hour: Way2VAT, Liontown Resources, Chimeric Therapeutics
A snapshot of the stocks on the move, featuring Way2VAT (ASX:W2V), Liontown Resources (ASX:LTR) and Chimeric Therapeutics (ASX:CHM).
Read MoreLiontown Resources faces funding challenges amidst emergency capital raising
According to media reports this morning, Liontown Resources (ASX:LTR) is in some trouble with funding, as evidenced by discussions of "emergency" equity and debt raises.
Read MoreLiontown Resources secures $1.13 billion funding for Kathleen Valley lithium project
Liontown Resources (ASX:LTR) has secured a $1.13 billion funding package to complete its flagship Kathleen Valley lithium project, following the collapse of a $6.6 billion deal with Albemarle, the world's largest lithium group this week.
Read MoreLiontown financing delayed
The new financing package for Liontown Resources (ASX:LTR) and its Kathleen Valley lithium mine in WA won't be known until Friday morning. The company requested its shares to be suspended on Wednesday.
Read MoreStocks of the Hour: Whitehaven Coal, Paradigm Biopharma, Noxopharm, Liontown Resources
A snapshot of the stocks on the move, featuring Whitehaven Coal (ASX:WHC), Paradigm Biopharmaceuticals (ASX:PAR), Noxopharm (ASX:NOX) and Liontown Resources (ASX:LTR).
Read MoreLiontown Resources’ backup plan amid Albemarle’s $3 cash offer
With Albemarle walking away from its $3 cash offer, Liontown Resources (ASX:LTR) had a Plan B in motion when trading resumed on Monday. It called for a halt in trading to secure additional capital and debt overnight and today.
Read MoreAlbemarle abandons $6 Billion bid for Liontown Resources
Albemarle has abandoned its $3-a-share, $6 billion-plus bid for Liontown Resources (ASX:LTR), leading to an anticipated drop in Liontown's shares on Monday and putting Gina Rinehart's Hancock Prospecting at risk of a substantial paper loss.
Read MoreLiontown extends Albemarle’s due diligence
Liontown Resources has granted US lithium giant Albemarle an additional seven days to finalise its proposed $3 per share bid, as Gina Rinehart's Hancock Resources secures a 19.9% stake.
Read MoreStocks of the Hour: Liontown Resources, Wildcat Resources, Sunstone Metals
A snapshot of the stocks on the move, featuring Liontown Resources (ASX:LTR), Wildcat Resources (ASX:WC8) and Sunstone Metals Ltd (ASX:STM).
Read MoreLiontown Resources shares fall as Hancock Prospecting increases stake to 19.9%
Shares in Liontown Resources slumped late yesterday after it became known that Gina Rinehart’s Hancock Prospecting had increased its stake to 19.9% and retreated from the market.
Read MoreHancock Prospecting nears 19.9% stake in Liontown Resources
Gina Rinehart's Hancock Prospecting has inched closer to acquiring a 19.9% stake in Liontown Resources (ASX:LTR), pending a potential bid from US lithium giant Albemarle at $3 per share.
Read MoreGina Rinehart boosts stake in Liontown amid Kathleen Valley mine tensions
For the second time in a week, Gina Rinehart has increased her stake in the lithium mine developer, Liontown Resources (ASX:LTR), as her Hancock Prospecting company intensifies its scrutiny of the Kathleen Valley mine's construction in Western Australia, along with the project's escalating costs.
Read MoreLiontown Resources’ cost blowout
Liontown Resources (ASX:LTR) has further exposed its financial vulnerabilities with another cost overrun on its Kathleen Valley lithium project in Western Australia's northern Goldfields.
Read MoreStocks of the Hour: Liontown Resources, Blackstone Minerals, Harvest Technology Group
A snapshot of the stocks on the move, featuring Liontown Resources, Blackstone Minerals and Harvest Technology Group.
Read MoreGina Rinehart boosts Liontown Resources stake to above 10%
Gina Rinehart has raised her stake in Liontown Resources (ASX:LTR) to over 10%, a move that prevents Albemarle from proceeding with its $6.6 billion takeover offer through compulsory acquisition.
Read MoreTim Goyder’s $30 million boost to Chalice Mining shares
Well-known Perth mining figure, Tim Goyder, has invested over $30 million to support Chalice Mining's share price.
Read MoreHancock Prospecting shakes up lithium with Liontown stake
Liontown (ASX:LTR) shares are set to surge today following confirmation from Gina Rinehart's Hancock Prospecting that it has acquired a substantial stake in Liontown Resources, potentially disrupting the $6.6 billion cash offer from US lithium giant Albemarle.
Read MoreLiontown Resources considers upgraded takeover offer from Albemarle
The board of Liontown Resources (ASX:LTR) has granted limited due diligence to Albemarle, potentially setting the stage for a deal.
Read MoreStocks of the Hour: Liontown Resources, ABx Group, Emyria
A snapshot of the stocks on the move, featuring Liontown Resources (ASX:LTR), ABx Group (ASX:ABX) and Emyria (ASX:EMD).
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Liontown secures extra funding for Kathleen Valley
Liontown Resources (ASX:LTR) has secured extra funding of up to $300m to help meet cost overruns at the Kathleen Valley mine in WA.
Read MoreStocks of the Hour: Pilbara Minerals, Lithium Australia, Liontown Resources
A snapshot of the stocks on the move, featuring Pilbara Minerals (ASX:PLS), Lithium Australia (ASX:LIT) and Liontown Resources (ASX:LTR).
Read MoreASX closes 0.58% lower following Wall Street’s overnight sell-off
Following Wall Street’s overnight sell-off, the S&P/ASX 200 closed 0.58 per cent lower at 7,311.80.
Read MoreASX down 0.45% at noon as Fitch downgrades US credit rating
At noon, the S&P/ASX 200 is 0.45 per cent lower at 7,321.50. Fitch, one of the three major independent credit rating agencies, has downgraded the credit rating of the US government due to mounting concerns about the country's financial situation and its increasing debt load. The rating has been lowered from the highest level of AAA to the slightly lower rating of AA+.
Read MoreStocks of the Hour: Liontown Resources, Elementos, Resource Mining Corporation
A snapshot of the stocks on the move, featuring Liontown Resources (ASX:LTR), Elementos (ASX:ELT) and Resource Mining Corporation (ASX:RMI).
Read MoreLiontown Resources moves to boost early revenue with Kathleen Valley DSO product
Liontown Resources (ASX:LTR) has taken a step to boost early revenue from its Kathleen Valley project in WA by reaching an agreement to deliver a direct shipping ore (DSO) product to potential customers.
Read MoreLiontown on track for first production for Kathleen Valley lithium project
Liontown Resources' (ASX:LTR) Kathleen Valley Lithium Project is well on track for its first production by mid-2024, as the company achieved significant milestones during the June quarter.
Read MoreWest Australian miners shine amid global resource demand
03 Jul 2023 – West Australian miners have emerged as some of the best-performing companies on the ASX during the 2023 financial year, capitalising on the global demand for resources. The surging popularity of lithium has driven a wave of takeovers, soaring valuations, the rise of new billionaires, and significant share price leaps.
Read MoreAlbemarle Comes Roaring into Liontown
Albemarle has turned the frowns in the struggling local lithium space upside down with news of a series of approaches to Liontown Resources, including a recent one at $2.50 per share.
Read MoreLTR – Macquarie rates the stock as Outperform
The Outperform rating is retained and the target price decreases to $1.85 from $1.90.
Read MoreLTR – Macquarie rates the stock as Outperform
The Outperform rating and $2.50 target are retained.
Read MoreLiontown Locks Down Tesla Spodumene Deal
Lithium hopeful Liontown Resources has finally wrapped up a sales deal to sell spodumene concentrate to electric vehicle giant Tesla, a week after it was supposed to be finalised.
Read MoreASX Snippets: PMV, LTR, APT, CWN
Some snippets out of Thursday’s ASX trading session from Premier Investments, Liontown Resources, Afterpay and Crown Resorts.
Read MoreLiontown About to Be Cashed Up and Ready to Roar
Shares in Liontown Resources were put into a trading halt ahead of plans to raise up to $490 million to allow it to derisk the company’s key Kathleen Valley project.
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