Original article by Brad Thompson
The Australian Financial Review – Page: 20 : 13-Feb-24

Liontown Resources CEO Tony Ottaviano has called for royalty relief for lithium and nickel producers in a bid to prevent further mine closures and job losses. The Western Australian government implemented a 12-month, 50 per cent royalty break for the lithium sector in late 2020 when lithium prices last tumbled, and Ottaviano says it is time for similar royalty relief for lithium and in the collapsing nickel sector. Ottaviano said royalty relief would not impact Liontown straight away, as its Kathleen Valley lithium project in WA is still around six months away from its first production but it would be good to factor it into cash flow.

CORPORATES
LIONTOWN RESOURCES LIMITED – ASX LTR