LykeShares
ASX Mining News
Sign up
Login
Sign Up
(current)
Watchlist
Feedback
Advertise With Us
Profile
Home
Search
Watchlist
Advertise
Feedback
Profile
Liontown Awards Haulage Contract for Kathleen Valley Lithium Project to Qube Holdings — ASX:LTR| ASX Mining News & Discussion
L
Lykeshares
2y
Official
$LTR
Liontown Awards Haulage Contract for Kathleen Valley Lithium Project to Qube Holdings
Liontown Resources Limited (ASX: LTR) has announced that it has awarded the spodumene and DSO haulage services contract for the Kathleen Valley Lithium Project to Qube Holdings Limited (Qube), an integrated logistics solutions provider. The five-year contract involves loading spodumene concentrate at Kathleen Valley, haulage of the concentrate to the Port of Geraldton, storage and stockpile management at the port, and outload to port infrastructure for shipment to Liontown customers. Storage will be in a dedicated world-class facility within the Port of Geraldton.
Qube, which secured the contract following an extensive tender process, will utilise ultra-Quad road-trains to truck all concentrate from Kathleen Valley to the dedicated storage facility at the Port of Geraldton for the duration of the contract. The company will use its 24/7 fleet monitoring centre in Perth to manage safety and environmental outcomes.
The contract is due to commence in mid-2024 in line with process plant ramp-up. Provision
...
See More
has been made for the services to be provided earlier for direct shipping ore (DSO) as Liontown nears completion of offtake and processing options. The concentrate haulage services contract, which is conditional upon Qube finalising arrangements to secure the storage facility at the Port of Geraldton, is valued at approximately A$175 million over the five-year contract term and was awarded following a competitive tender process.
Qube has committed to the latest technology in driver and trucking safety as well as pursuing measurable carbon reduction initiatives as part of Liontown's ESG commitments, working with the Kathleen Valley Tjiwarl Traditional Owners and exploring numerous revenue-generating opportunities with Tjiwarl businesses in the coming months. The contract will generate around 45 new positions and the Quad-trailers will be sourced in Western Australia.
Liontown's Managing Director and CEO, Tony Ottaviano, expressed delight at the announcement, saying, “We look forward to working with Qube on the haulage and storage of our spodumene concentrate and DSO material from Kathleen Valley as well as benefiting from their expertise in the industry, especially with their extensive experience managing spodumene for others. This contract coupled with the Underground Mining Services (due this quarter) represents one of the last few outstanding contracts to be awarded as we progress Kathleen Valley towards first production mid-2024."
... View
0 Likes
0 Reply
?
L
Lykeshares
146d
Official
Berkshire is hoarding so. much. cash.
460 Views
2 Likes
0 Reply
?
L
Lykeshares
146d
Official
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.
There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can
...
See More
rush, it’s a complex, slow-moving process that takes years of precision and experience.
Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
439 Views
1 Like
0 Reply
?
L
Lykeshares
177d
Official
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
463 Views
2 Likes
0 Reply
?
L
Lykeshares
1y
Official
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
338 Views
2 Likes
0 Reply
?
L
Lykeshares
1y
Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
316 Views
1 Like
0 Reply
?
L
Lykeshares
1y
Official
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
309 Views
1 Like
0 Reply
?
L
Lykeshares
1y
Official
$ASN
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
1.2k Views
1 Like
0 Reply
?
Loading more...
Popular Stocks 🚀
Aeris Resources Limited
ASX:AIS | Materials
1.8k
Nick Scali Limited
ASX:NCK | Consumer Discretion…
2.8k
Capricorn Metals Ltd
ASX:CMM | Materials
1.1k
Eagers Automotive Limited
ASX:APE | Consumer Discretion…
528
Tribeca Global Natural Resources Limited
ASX:TGF | Not Applic
573
Show more