Kitco News - Liontown Resources (ASX:LTER) announced today a A$550 million debt facility to fund the company's Kathleen Valley lithium project through first production and ramp-up to the 3Mtpa base case.
The syndicate of lenders comprises Commonwealth Bank of Australia, National Australia Bank Limited and Societe Generale. Payment on maturity begins in October 2025.
The company says that Kathleen Valley remains on schedule and budget to commence first production in the middle of this calendar year.

