Allens has advised Liontown on the achievement of first production from its flagship Kathleen Valley Lithium Project.
The successful production of high-grade spodumene marks the completion of Liontown’s evolution from explorer to producer, with Allens advising at all points of the journey for more than three years.
Allens advised Liontown on:
- its initial to fund the development of the Kathleen Valley Project;
- its three with LG, Ford and Tesla;
- its $300 million debt facility with Ford;
- its to Albemarle following an unsolicited proposal which valued Liontown at $6.6 billion;
- its ; and
- its with LG Energy Solution, including convertible note and offtake extension.
Allens also advised Liontown on a variety of other aspects of the Kathleen Valley Project including development contracts, reporting requirements, environmental obligations and general corporate advice.
‘Recently, the Allens team had the opportunity to do a site visit with the Liontown team. The visit demonstrated the world-class asset that Liontown has developed over the past three years,’ said lead Partner .
‘We are thrilled to congratulate Liontown on reaching this milestone. Having worked so closely with the Liontown team through the development stage to first production, we appreciate the magnitude of this achievement and the effort required to get there.’
‘By successfully managing stakeholders and maintaining a preparedness to pivot quickly to adapt to changing market conditions, the Liontown team has progressed Kathleen Valley from feasibility study into a state-of-the-art lithium mine ready to supply high-grade spodumene concentrate to some of the world’s most significant battery producers and car manufacturers in less than three years.
‘We are fortunate to have closely partnered with Liontown, and are grateful to the Liontown team for entrusting us over this remarkable period. We look forward to continuing our work together as the Liontown story continues to unfold.’
