Liontown Resources (ASX:LTR) reported fiscal second-quarter spodumene concentrate production of 88,683 dry metric tonnes (dmt) at its Kathleen Valley Lithium operation in Western Australia, up 215% from 28,171 dmt in the first quarter, according to a Tuesday filing with the Australian bourse.
Revenue for the three months ended Dec. 31, 2024, rose 674% to AU$89.8 million from AU$11.6 million in the first quarter, the battery minerals provider said in the filing.
Spodumene concentrate sales rose 651% to 81,341 dmt at an all-in-sustaining cost (AISC) of AU$1,170 per dmt spodumene concentrate sold, up from 10,831 dmt in the first quarter, the filing added.
For the second half of fiscal 2025, the company expects unit operating costs between AU$775 to AU$855 per dmt spodumene concentrate.
As ramp-up progresses, unit costs and AISC are expected to normalize with higher volumes, the company added.
Shares of the company rose past 7% in recent Tuesday trade.
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