ASX:LTRMetals and Mining
The Bull Case For Liontown (ASX:LTR) Could Change Following New Canmax Offtake Deal And Spot Auction
Earlier in December, Canmax Technologies announced a binding offtake agreement with Liontown for spodumene concentrate supply in 2027 and 2028, following Liontown’s successful first digital spot sales auction in November that highlighted strong demand for its product.
Together, the long-term Canmax contract and the digital auction signal that Liontown is beginning to lock in future sales channels while testing more flexible ways to sell lithium into the market.
We’ll now examine how this new...