Liontown
- Company typePublic
- Founded2017
- HeadquartersPerth, Australia
- Headcount251–500
- GTM typeB2B
- OfferingHardware or Manufacturing
Liontown firmographics
Firmographics- Name
- Liontown
- Legal name
- Liontown Ltd
- Website
- https://ltresources.com.au
- Company type
- Public
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Ownership category
- akta.pro rank
Liontown industry classification
Industry- Product category
- Lithium Mining and Spodumene Concentrate Production
- NAICS
- Other Metal Ore Mining (21229)
- SIC
- Metal Mining (1000), Miscellaneous Metal Ores (1090)
- akta.pro primary industry
- Lithium Mining & Brine Extraction (IMAKAFAA)
- akta.pro secondary industries
- Exploration & Resource Development (Critical Minerals) (IMAKAFAL), Battery Raw Materials Mining & Refining (Lithium, Nickel, Cobalt, Manganese, Graphite) (EUAFABAA)
Keywords
Where Liontown is headquartered
LocationHeadquarters
- HQ city
- Perth
- HQ country
- Australia
- HQ region
- Oceania
Offices3 records
Markets served
Liontown business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Operations, Personnel, Infrastructure, Supply Chain, Technology or R&D
Revenue model
- Spodumene Concentrate Sales: Primary revenue from production and sale of spodumene concentrate (lithium-bearing ore) to battery manufacturers globally. Production commenced mid-2024 with Kathleen Valley mine ramping up underground production. Q3 FY2026 revenue reached $197 million with 51% quarterly increase
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Online auction pricing for spot sales |
| Other | Multi-year contract | Long-term offtake agreements |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels4 records
Liontown product offering
Product offeringCore offering
Liontown operates the Kathleen Valley Lithium Operation in Western Australia, an underground hard rock lithium mine that extracts and processes spodumene concentrate for sale to global battery manufacturers. The company also holds the Buldania Lithium Project as a prospective second asset and is pursuing downstream lithium processing expansion.
Product overview
Liontown is an ASX-listed responsible battery minerals provider with two major hard rock lithium deposits in Western Australia. The flagship Kathleen Valley Lithium Operation is a tier-one underground lithium mine producing spodumene concentrate, representing Australia's first underground lithium operation. The Buldania Lithium Project is an earlier-stage exploration asset. The company is pursuing downstream expansion opportunities including potential lithium refinery development, and has launched digital sales via the Metalshub platform for transparent market-linked pricing of its spodumene concentrate product.
Differentiator
Problem solved
Functional benefit
Products and services
- Kathleen Valley Lithium Operation Australia's first underground lithium operation and one of the world's most significant long-life lithium projects, delivering spodumene concentrate to battery manufacturing customers. Features a fourth-generation process plant, one of Australia's largest off-grid hybrid power stations, and the southern hemisphere's largest paste plant.
- Buldania Lithium Project A prospective lithium project located approximately 600 kilometres east of Perth in the southern Goldfields region of Western Australia with an initial Mineral Resource of 15 million tonnes of 1.0% lithium oxide (Li2O).
- Metalshub Digital Spodumene Auctions Online auction platform sales of spodumene concentrate from Kathleen Valley enabling transparent, market-linked pricing and broader buyer access beyond contracted offtake customers.
Quantifiable outcome
- Q3 FY2026 first positive net cash flow since commencing production with $424 million closing cash
- +4 more outcomes
Companies that use Liontown
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles2 records
Liontown technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
Feature3 records
Liontown partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and flagship.
- FastmarketscoreLiontown joined Fastmarkets' industry advisory group for development of digital spot market platform for physical lithium trading. Platform aims to enhance price discovery and improve liquidity access in lithium market projected to grow over 200% in coming decade.
- PLS Group LtdcoreMajor lithium producer joined Fastmarkets advisory group alongside Liontown for digital spot platform development, reflecting industry support for more structured market infrastructure aligned with global energy transition.
- Zenith EnergycoreEnergy partner for Kathleen Valley's renewable power station. At least 60% of start-up energy requirements from renewable sources via off-grid wind-solar-battery storage hybrid power station, currently operating at 80% renewables.
- MetalshubcorePartnership with German digital commodities platform for online spodumene concentrate auctions from Kathleen Valley. First 10,000 metric tons digital sale scheduled November 19, 2025, with ongoing bidding events through 2026. Aims to create transparent, market-linked pricing for lithium.
- LG Energy SolutionflagshipLong-term strategic partnership including US$250 million investment, 10-year offtake extension for Kathleen Valley project supporting mine expansion and production ramp-up. Exploring establishment of lithium refinery in Australia. LG Energy Solution is selling its 7.5% stake as of February 2026 but partnership terms continue.
Scale indicators13 records
Recent moves9 records
Expansion highlights5 records
Liontown competitors and assessment
Company assessmentDirect peers
- Pilbara Minerals: ASX-listed hard-rock lithium producer operating the Pilgangoora mine in Western Australia; produces spodumene concentrate for global battery manufacturers. Most direct comparable to Liontown by geography, product, customer base, and stage, and is also a fellow member of Fastmarkets' digital spot platform advisory group.
- Mineral Resources (MinRes): Australian diversified mining company with significant hard-rock lithium production through Mt Marion and the MARBL JV (with Ganfeng). Comparable to Liontown in scale, ASX listing, and exposure to spodumene concentrate pricing dynamics.
- Core Lithium: ASX-listed hard-rock lithium producer operating the Finniss project in Australia's Northern Territory, supplying spodumene concentrate to offtake partners. Smaller and earlier-stage than Liontown but competes in the same Australian hard-rock lithium export market with similar customers.
- Allkem (now Arcadium Lithium): Lithium producer with both hard-rock (Mt Cattlin in Australia) and brine (Olaroz in Argentina) operations; now merged with Livent to form Arcadium Lithium. Direct competitor in spodumene concentrate and downstream lithium chemicals with global battery manufacturer customers.
- IGO Limited: ASX-listed mining company with lithium division (Greenbushes JV stake and Kwinana lithium hydroxide refinery) and nickel/copper operations. Direct competitor and customer counterpart in the Australian lithium supply chain, with downstream conversion capability that Liontown is exploring.
Broad incumbents
- Albemarle Corporation: World's largest lithium producer with diversified brine and hard-rock operations across the Americas, Asia, and Australia (including Kemerton conversion). Overlaps with Liontown in battery-grade lithium supply but at vastly greater scale and with downstream integration Liontown is still developing.
- SQM (Sociedad Química y Minera de Chile): Global lithium and specialty chemicals producer with major brine operations in Chile's Atacama Desert. Competes with Liontown in the lithium supply chain and is a participant in Australian lithium (Covalent Lithium JV with Wesfarmers), giving it direct overlap with Liontown's strategic space.
- Ganfeng Lithium: Chinese integrated lithium producer (Mt Marion JV with MinRes, multiple brine and conversion assets globally). Competes with Liontown as both a spodumene concentrate buyer and downstream converter; relevant comparable given Liontown's exploration of lithium refinery with LG Energy Solution.
- Tianqi Lithium: Chinese lithium giant with stakes in Greenbushes (with Albemarle and IGO) and significant conversion capacity. Competes in the global lithium chemicals market that Liontown's downstream refinery strategy targets, and represents the type of integrated incumbent Liontown is positioning against.
Emerging players
- Sayona Mining: ASX-listed hard-rock lithium developer with Quebec (Canadian) operations and previously Australian assets; merged with Piedmont Lithium. Smaller and earlier-stage than Liontown but directly comparable as a spodumene concentrate developer pursuing battery manufacturer offtakes.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Liontown social profiles
Digital presenceLiontown financial estimates
Financial estimateRevenue estimate
Valuation estimate
Liontown leadership team
Management profileNumber of profiles
Profiles3 records
Liontown funding detail
Funding detailFunding overview
Funding rounds3 records
Investors6 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Liontown M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Liontown
What does Liontown do?
Liontown operates the Kathleen Valley Lithium Operation in Western Australia, an underground hard rock lithium mine that extracts and processes spodumene concentrate for sale to global battery manufacturers. The company also holds the Buldania Lithium Project as a prospective second asset and is pursuing downstream lithium processing expansion.
Is Liontown a public or private company?
Liontown is a public company. It is classified as public and is currently operating.
When was Liontown founded?
Liontown was founded in 2017. It employs 251 to 500 people.
Where is Liontown based?
Liontown is headquartered in Perth, Australia, in the Oceania region.
How does Liontown make money?
One revenue line is on record: spodumene Concentrate Sales.
Who are Liontown's main competitors?
Direct peers on record are Pilbara Minerals, Mineral Resources (MinRes), Core Lithium, Allkem (now Arcadium Lithium) and IGO Limited. Broad incumbents are Albemarle Corporation, SQM (Sociedad Química y Minera de Chile), Ganfeng Lithium and Tianqi Lithium. Sayona Mining is listed as an emerging player.
Does Liontown have an API?
No public API is recorded for Liontown.
What industry is Liontown in?
Liontown's product category is Lithium Mining and Spodumene Concentrate Production. Its primary akta.pro industry code is IMAKAFAA, Lithium Mining & Brine Extraction, with a secondary code of IMAKAFAL, Exploration & Resource Development (Critical Minerals). Its NAICS code is 21229 and its SIC code is 1000.