Liontown Resources climbs on Metalshub partnership, lithium rally
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More news: Liontown Resources was one of the best performers on the ASX 200 after partnering with software platform Metalshub to digitise spot spodumene sales from its flagship Kathleen Valley operation.
Liontown shares were up 4.8% to $1.30 at 1:35pm AEDT, taking 12-month gains to 49%.
It was part of a wider surge in lithium stocks, as Mineral Resources (+9.6%) and IGO (+5.1%) both jumped.
Liontown Resources partners with Metalshub for digital lithium auctions
The news: Lithium miner Liontown Resources has partnered with German software provider Metalshub to streamline and digitalise spot sales of spodumene concentrate from its Kathleen Valley mine in Western Australia.
The numbers: Through the partnership, Liontown will host a series of bidding events for Kathleen Valley spodumene concentrate into the 2026 calendar year and beyond, allowing buyers to submit bids and purchase product directly via the Metalshub platform.
The company's first auction for 10,000 tonnes of spodumene concentrate will be held on 19 November.
The context: Liontown said the partnership marks a "major milestone" in the commercialisation of the Kathleen Valley operation, enabling transparent pricing, efficient processes and competitive access to global buyers.
What they said: "From the inception of our marketing strategy, Liontown has been clear with its position that a transparent, auditable and liquid price index is crucial to establishing a long-term sustainable lithium industry," said Liontown CEO Tonny Ottaviano.
"Utlising Metalshub for our first digital spot sales auction will improve price transparency for spodumene, giving more customers an opportunity to bid on Liontown cargoes."
The source: ASX
