• Safety and ESG performance remain a priority with LTIFR of 0.66
• Positive net cash flow of $16.7 million ($11.5 million adjusted) in first full quarter of production
• Ramp-up continues to deliver strongly with record mining and processing output

Liontown Resources Ltd reported a strong performance in the December 2024 quarter, with safety and ESG remaining a priority and the company achieving an LTIFR of 0.66. The company generated $89.8 million in revenues and positive net cash flow of $16.7 million ($11.5 million adjusted) in its first full quarter of production. Ramp-up continued to deliver strongly, with record mining and processing output meeting or exceeding plan. Key operating metrics, including costs (AISC of A$1,170/t or US$763/t), productivity (317 meters per jumbo per month), and plant performance (92% mill availability and 59% recovery average in December), were also performing strongly. The company maintained its H2 FY25 guidance and demonstrated a robust financial position, with $192.9 million in cash at the end of the quarter and a further $11.9 million in receivables for a cargo shipped in late December.

H2 FY25 guidance maintained, noting ~$5 million project capital deferred from H1 to be incurred H2 FY25.