LA Private

October 2023

Liontown Resources secures $1.13 billion funding for Kathleen Valley lithium project

Liontown Resources (ASX:LTR) has secured a $1.13 billion funding package to complete its flagship Kathleen Valley lithium project, following the collapse of a $6.6 billion deal with Albemarle, the world’s largest lithium group this week. Liontown announced on Thursday after trading had ended that the new funds would come via a debt financing package and

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ASX down 1.35% in anticipation of labour market figures

The big four Australian banks are projecting various outcomes for the labour market: Commonwealth Bank (CBA) expects a 25,000 job gain with a higher unemployment rate of 3.8%, while National Australia Bank (NAB) forecasts a 30,000-job increase with unemployment at 3.7%. ANZ predicts a 20,000-job rise and steady unemployment at 3.7%, and Westpac anticipates a

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Stocks of the Hour: Terrain Minerals, Superior Resources, Strickland Metals

To register for Friday’s webinar click here. Terrain Minerals (ASX:TMX) announced that Rare Earth Element (REE) mineralisation has been intersected across the Lort River project area. In-demand permanent magnetic metals of Neodymium (Nd) and Praseodymium (Pr) were encountered during the drill program and run as high as 43% of the Total Rare Earth Oxide grade.

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Standard Lithium advances US lithium production project

Standard Lithium Ltd. (TSXV:SLI) (NYSE American:SLI) (FRA:S5L), a leading player in the near-commercial lithium sector, has taken a significant step forward in its quest to revolutionise US lithium production. The company announced today the filing of its Definitive Feasibility Study for Phase 1A, the first commercial lithium project in the United States to break ground

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