EXPLORATION & DEVELOPMENT

Liontown ups capex, suspends DSO sales

TAKEOVER target Liontown Resources has increased the capital costs for its Kathleen Valley lithium project in Leinster, Western Australia, following a review.

 Liontown Resources MD and CEO Tony Ottaviano in front of the primary crusher under construction at Kathleen Valley

Liontown Resources MD and CEO Tony Ottaviano in front of the primary crusher under construction at Kathleen Valley

Capex blew out from an initial A$545 million to $895 million in January but the company warned at the time that the figure could change again. Today it announced capex of $951 million, up 6%, following...

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