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Liontown Resources Limited ( (AU:LTR) ) has provided an update.
Liontown Resources Limited has amended its debt and offtake agreements with Ford Motor Company, providing strategic flexibility and improving near-term liquidity. The amendments defer principal and interest repayments by one year and reduce the volumes of spodumene concentrate to be delivered to Ford, allowing Liontown to explore additional market opportunities and strategic partnerships.
The most recent analyst rating on (AU:LTR) stock is a Sell with a A$0.52 price target. To see the full list of analyst forecasts on Liontown Resources Limited stock, see the AU:LTR Stock Forecast page.
More about Liontown Resources Limited
Liontown Resources (ASX:LTR) is a responsible battery minerals provider focused on ensuring a reliable supply of essential minerals to power a sustainable future. The company controls two major lithium deposits in Western Australia and aims to expand its portfolio through exploration, partnerships, and acquisitions, with an interest in downstream value-adding.
Average Trading Volume: 20,949,435
Technical Sentiment Signal: Buy
Current Market Cap: A$2.81B
For a thorough assessment of LTR stock, go to TipRanks’ Stock Analysis page.