LG Energy Solution seeks to sell A$419 million worth of Liontown shares, term sheet shows

Liontown

25/02/2026 06:17

By Scott Murdoch

SYDNEY, Feb 25 (Reuters) - South Korea's LG Energy Solution 373220.KS is selling at least A$419 million ($297.99 million) of shares in Australia's Liontown LTR.AX in a block trade, according to a term sheet seen by Reuters.

The South Korean company is offering 239.5 million Liontown shares, about 7.5% of the Australian mineral producer's shares, at a price range of A$1.75 to A$1.79 each, the term sheet showed.

The sale will result in LG Energy Solution no longer being a Liontown investor, according to the term sheet.

($1 = 1.4061 Australian dollars)

 (Reporting by Scott Murdoch; Editing by Sonali Paul)

 ((Scott.Murdoch@thomsonreuters.com;))