Liontown’s 1Q Spodumene Output Falls 20% Short of Consensus
Citi says Liontown produced 77,982 metric tons of spodumene concentrate in the first quarter, 20% below consensus, due to low recoveries. The report says guidance now depends on second-half performance.
Liontown's 1Q spodumene concentrate output misses expectations due to low recoveries, Citi says. Production of 77,982 metric tons falls 20% short of consensus, after the underground at Kathleen Valley ran at an annualized rate of roughly 1.6 million tons and the plant processed remaining open-pit s…