Jul 29, 2026 – 4.08pmSolid demand from electric vehicle makers for Australian lithium has failed to rev up Liontown Resources, as the miner delivered an uninspired end to the financial year and flagged an anticlimactic outlook for 2027.The lithium producer, whose shares have lost almost one-third of their value this year, took pains to focus on its looming final investment decision to expand its flagship Kathleen Valley operations and stress that the strong market for the key battery metal was not a flash-in-the-pan.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Mixed bag for lithium as Liontown falls, MinRes outperforms
The Gina Rinehart-backed miner delivered an uninspiring end to the financial year, but Chris Ellison’s business overshot expectations at its three divisions.
TL;DRAI
Liontown Resources delivered weak FY results with shares down 30%, despite strong EV lithium demand; expansion FID decision pending. Execution delays at major lithium producers constrain battery cost curves, deferring mass-market EV timelines and affecting supply strategy.
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