Liontown Resources

Liontown Resources (ASX:LTR) is one of the best performing stocks on the ASX in recent times, growing from a penny stock to a $3.4 billion company as it has progressed plans to start mining its Kathleen Valley lithium deposit in 2024. That will produce around 500,000tpa of spodumene concentrate in its first stage, featuring a 2.5Mtpa concentrator, and the WA company has already signed up its first major customer via an offtake term sheet.