Lithium player Liontown secures agreement with Mid West Ports Authority

Liontown Resources (ASX: LTR) has secured a Port Services and Access Agreement with the Mid West Ports Authority for the export of lithium spodumene from its Kathleen Valley project via the Port of Geraldton.

Receipt of Ministerial approval of this agreement represents the final link in securing Liontown’s supply chain, as the company looks to ship to global Tier-1 offtake partners including LG Energy Solution, Tesla and Ford Motor Company.

Liontown managing director and chief executive Tony Ottaviano says he is pleased with the approval by WA Ports Minister David Michael.

“The Port of Geraldton is a world-class facility with future growth aspirations, and Liontown is pleased to support the diversification of critical minerals exports out of the port for at least the next 20 years,” he said.

“We thank the Mid West Ports Authority, for their support and look forward to exporting material from mid-2024.”

The agreement is for an initial 10-years, with extension options for a further 10 years and three years respectively, aligned to the expected mine life of the Kathleen Valley project.

Liontown is partnering with Qube Holdings Limited to provide road transportation and port-side storage management services to enable the controlled transfer of product directly onto MWPA’s automated ship loading infrastructure.

The integrated pit-to-port logistics solution will provide industry leading safety systems for trucking high volumes of bulk material safely by road and onto ocean going vessels.