Lithium developer LiontownRes is advancing its DSO strategy in the hopes of early cash mining CriticalMinerals resources Australia
PERTH – Lithium developer Liontown Resources will move ahead with a direct shipping ore strategy at its Kathleen Valley project, in Western Australia, in order to generate early cashflow.
“Liontown’s mining team has continued to optimise our mining plan, which has created the opportunity for early revenue through the sale of DSO,” said MD and CEO“It illustrates the depth of our team and our commitment to realising the full potential of Kathleen Valley. Commercial discussions with potential customers are well advanced. Liontown expects to sell 250 000 t to 300 000 t of DSO material prior to first concentrate production. Sales of DSO product post first concentrate production are subject to a separate business decision and market conditions at the time, the company said on Thursday.
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