• World-class scale and economics with 155Mt @ 1.3% Li2O & 131ppm Ta2O5 resource
• Strong operational execution with record production of 37,171 dmt in March 2025
• Successful commencement of underground production on schedule in April 2025

Liontown Resources, an ASX-listed responsible battery minerals provider, presented its Kathleen Valley Lithium Operation at the 2025 Macquarie Australia Conference. The company highlighted its world-class resource of 155Mt at 1.3% Li2O and 131ppm Ta2O5, as well as its strong operational execution with record production of 37,171 dmt in March 2025. Liontown also successfully commenced underground production on schedule in April 2025, with key infrastructure projects advancing as planned. The presentation covered the company's mining performance, including the Kathleen's Corner Open Pit and the transition to underground operations, as well as the processing plant's strong performance and ongoing optimization initiatives. Liontown also provided an update on the lithium market, noting strong demand across multiple segments and the potential for further upside from emerging technologies. The company's value proposition was highlighted, including its high-quality, Tier-1 asset in Kathleen Valley, significant growth opportunities, and a focus on financial performance and delivery.

Liontown Resources reported strong operational performance in the first two full quarters of operations, with production of 208,629 dmt and sales of 186,113 dmt. The company achieved an average realised price of US$812/SC6e dmt (CIF) and maintained a strong cash balance of A$173 million as of 31 March 2025.

Liontown Resources is positioned to capitalize on the strong lithium market outlook, with robust demand forecasts from major battery makers like CATL. The company is focused on optimizing its operations and cost structure to deliver long-term, low-cost production from its world-class Kathleen Valley asset.