Liontown Resources Ltd's stock price soared 5.09% during intraday trading on Tuesday, following the release of a detailed investor presentation.
The company presented at the BMO Global Metals and Mining Conference 2026, highlighting strong operational performance at its Kathleen Valley Lithium Operation in Western Australia. Key figures included H1 FY26 production of 193 kt dmt, sales of 190 kt dmt, revenue of A$198 million, and a robust cash balance of $390 million as of December 31, 2025.
Investors reacted positively to the announcement of the completion of open pit mining and transition to 100% underground operations, with average recoveries increasing to 63% in the December 2025 quarter and a stated line of sight to around 70% recovery rates. The presentation also provided updated mineral resource estimates for Kathleen Valley and Buldania, reinforcing the company's growth prospects.