Liontown Resources has posted its September quarter activities report, highlighting a ramp-up of underground mining activities and an increase in the amount of ore mined.
The company has reported a 105 per cent increase in underground ore mined through its operation, achieving a run-rate of one million tonnes per annum (Mtpa) on schedule.
A final major ore zone was reached at Liontown’s Kathleen’s Corner open pit in Western Australia, with completion of the project on schedule for December 2025. Previous drilling at the site has confirmed multiple high-grade zones of lithium oxide.
Fourteen stopes were also mined in the quarter, averaging 15,000 tonnes per stope, bringing the total to 18 mined in total.
The company reported over 20,000 dry metric tonnes (dmt) of saleable concentrate on hand, with a key focus in 2026 being unlocking the “full performance” of the Kathleen Valley operation.
The company saw 87,172 dmt of spodumene concentrate produced with an average grade of 5 per cent lithium oxide – 77,000 of which was sold across four parcels, helping to add to the $420 million cash balance reported in the quarterly report.
“The September quarter was one of execution and delivery against the expectations we set ourselves and disclosed to the market. Underground production continued to ramp up to plan, with our key operating milestones achieved,” Liontown managing director Tony Ottaviano said.
“Our process plant continues to perform strongly, consistently producing saleable concentrate while handling variable ore sort potential (OSP) feed, including material with up to 40 per cent gabbro content. The performance underscores the strength of the flowsheet design and capability in our operations team.”
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