Liontown Resources Ltd (ASX: LTR) Share Price and News
Who is Liontown Resources?
Liontown Resources is an ASX resources company. The project, which Liontown made the Final Investment Decision on last year, is one of the most significant new, long-life lithium projects being constructed anywhere in the world. It has a current Mineral Resource Estimate of 156Mt at 1.4% lithium. Over 80% of this is Measured or Indicated.
Liontown Resources Company History
Liontown Resources was founded in 2011 and for several years was just another small cap explorer. Initially focused on gold exploration in Western Australia, the company shifted its focus to lithium exploration by 2014, and picked up Kathleen Valley project in 2016. The rest is history.
The company's shares have never looked back as it unveiled the deposit, defined the resource, constructed the project and undertook first production in 2024, as well as securing the initial offtake agreements. The first shipment was made in December 2024.
In the first fiscal year of production, it made $298m revenue and $55m underlying EBITDA, although it made a statutory loss of $193m due to depreciation and amortisation costs, especially those associated with its new processing plant. Total spodumene concentrate production for the year was approximately 295 kilotonnes dry metric tonnes (dmt), with sales of around 283 kilotonnes dmt at an average realised price in the mid-US$600s per tonne
Despite commencing production, the last 3 years have been difficult for the company with falling lithium prices and rising inflation putting dents in investor confidence in the project. A proposed A$6.6bn buyout from Albemarle falling through also hit shareholder confidence, not to mention an upgrade in the amount of capital it had thought it needed.
Future Outlook of Liontown Resources
Despite the short-term difficulties, we are confident Liontown has a bright future. We are encouraged that it persisted in producing, confident in the long-term outlook. FY26 has begun on a strong note - the company grew revenues 91% in the most recent quarter to, $130m and produced 105,342dmt at an average grade of 5.1% lithium.
And the company is planning to increase its production at the same time other mines (like Mt Cattlin and Pilgangoora) are ramping down production. This will make the supply deficit accentuate and Kathleen Valley will serve as a key supply of lithium. And while lithium supply is barely budging or going backwards, demand will grow exponentially, by a CAGR of over 20% up to 2034 according to Wood Mac.
Is Liontown Resources a Good Stock to Buy?
We think Liontown is among the 'best of the bunch' among ASX lithium stocks. It is a company with a producing mine and is ramping up production quickly.
However, investors should be mindful of the risks involved, particularly regarding the fluctuating lithium market. Even if it may not appear to be impacting the company, lithium prices will need to start climbing for sentiment towards this company to improve.
Our Stock Analysis
ASX Company Spin: Here are 7 occasions when management tries to sell bad news as good news
In all our years, we have seen our fair share of ASX Company Spin. It is repeated because often investors…
Liontown Resources (ASX:LTR): From riches to rags, now back to riches again? Here’s what 2026 holds
We’ve all heard the saying ‘rags to riches’ and when Liontown (ASX:LTR) found Kathleen Valley, it was the perfect illustration…
Lithium in 2026: Here is Why The Next Bull Market Is Beginning Now, And 5 ASX Lithium Stocks to Consider!
Lithium in 2026 could be the biggest roller-coaster we’ve seen since the pandemic. Even though battery technology and everything it…
Here are 5 ASX Stocks Hancock Prospecting is invested in; and why Gina Rinehart’s company is into rare earths
The list of ASX Stocks Hancock Prospecting is invested in became one member longer the other day, as Gina Rinehart’s…
Lithium in 2025: Have the hopes of a recovery been another false dawn? It looks that way
The market for Lithium in 2025 has been a case of same old, same old. There has arguably been the…
Here are 6 ASX stocks at 12 month highs, and whether it is time to buy
Here are 6 ASX stocks at 12 month highs! Liontown Resources (ASX:LTR) Liontown’s Kathleen Valley has been producing since…
Frequently Asked Questions
Liontown Resources primarily focuses on developing lithium projects, catering to the rapidly growing electric vehicle and energy storage markets. They specialize in mining and processing lithium, a key component in batteries, through their significant lithium deposits in Western Australia.