Liontown digitalises auctions for Kathleen Valley lithium

Liontown Resources (ASX: LTR) has teamed up with German digital platform Metalshub to host online spodumene concentrate auctions.

The lithium mine will host a series of bidding events into 2026 for Kathleen Valley spodumene concentrate, allowing buyers to submit bids and purchase products directly giving access to a wider group of buyers.

Liontown chief executive Tony Ottaviano comments on the partnership.

“From the inception of our marketing strategy, Liontown has been clear with its position that a transparent, auditable and liquid price index is crucial to establishing a long-term sustainable lithium industry,” he said.

“Utilising Metalshub for our first digital spot sales auction will improve price transparency for spodumene, giving more customers an opportunity to bid on Liontown cargoes.”

Following this announcement, Liontown saw their highest shares since mid-2024 reaching $1.31, increasing 30% within this past week alone.

There has been support for this project before the announcement of the online auctions, with the National Reconstruction Fund Corporation (NRFC) announcing a $50m investment into Liontown this August in support of its lithium operations.

Kathleen Valley is expected to produce 500,000t of spodumene concentrate every year.

The first online auction sale of 10,000t of spodumene concentrate will be held next week, November 19.