Australia's Liontown Resources surges on upbeat Q2 production

Liontown

21/01/2025 24:06

** Shares of battery minerals producer Liontown Resources
 LTR.AX  up 11.1% at A$0.7, top gainers on benchmark ASX 200
index  .AXJO 
    ** Stock rose as much as 14.3% to A$0.72 in early trade,
posting its biggest intraday pct gain since early October and
hitting its highest since Dec. 4
    ** Co says spodumene concentrate production rose more than
three-fold from the first quarter to 88,683 dry metric tonnes in
the second quarter
    ** Says revenue jumped to A$89.8 mln ($56.37 mln) from
A$11.6 mln
    ** Stock has risen 28.6% this year, including current
session's moves

($1 = 1.5931 Australian dollars)

 (Reporting by Nikita Maria Jino in Bengaluru)
 ((Nikita.Jino@thomsonreuters.com;))