Liontown Resources Limited announced that it has awarded a key contract to Metso-Outotec for the design, fabrication and delivery of a Semi Autogenous Grinding (SAG) Mill for its Kathleen Valley Lithium Project in Western Australia. Following the completion of the Definitive Feasibility Study ("DFS") for Kathleen Valley in November 2021, the company has completed further engineering optimisation to confirm the scope and duty of the SAG Mill to a sufficient level of detail to enable it to place the order with Metso-Outotec. The contract, which has a value of approximately AUD 10 million and is in accordance with DFS estimates, is for the design, fabrication and delivery of a 7.9m (26") diameter and 4.4m effective grinding length 5.5MW SAG Mill.

This is inclusive of all lining, lubrication, cooling, electrical and mechanical drive systems necessary for installation and commissioning. The SAG Mill will accommodate both base production of 2.5 Mtpa and the planned expansion to 4Mtpa in Year 6 of the mine plan. Detailed engineering and design for the approximately AUD 473 million Kathleen Valley Project continues and Liontown is targeting the award of all key equipment packages over the next 6 months to maintain schedule and meet its target of first production of lithium concentrate in 2024.