Reuters
2023.12.04 03:13
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BUZZ-Australia's Liontown gains on services and access deal with ports authority

Shares of Liontown Resources (LTR.AX) rise 3.3% as it secures a port services and access agreement with the Mid West ports authority. The deal will facilitate the export of lithium spodumene concentrate from its Kathleen Valley Project.

** Shares of Liontown Resources (LTR.AX) rise as much as 3.3% to A$1.4, set for their best day since Nov. 21, if gains hold

** Battery mineral producer says it has secured a port services and access agreement with the Mid West ports authority in Western Australia

** Adds deal will facilitate the export of lithium spodumene concentrate from its Kathleen Valley Project via the Port of Geraldton to firms like LG Energy Solution (373220.KS) , Tesla (TSLA.O) and Ford (F.N)

** About 4.9 mln shares change hands, compared with the 30-day average volume of 13.2 mln shares

** Stock up 3.8% YTD as of last close