ASX:LTRMetals and Mining
Liontown Resources (ASX:LTR) Is Up 11.4% After Ford Deal Revision and $336m Raise – Has the Bull Case Changed?
In recent days, Liontown Resources announced revised agreements with Ford Motor Company, improving liquidity and allowing for reduced spodumene concentrate deliveries from 2027, which provides added marketing flexibility for its Kathleen Valley lithium project. Additionally, the company completed a capital raise of up to A$336 million to strengthen its balance sheet and support ongoing operational growth at Kathleen Valley following significant production and sales increases.
An interesting...