concrete mixing with electrical drill and mixer .
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

To aid the construction of underground works at its flagship Kathleen Valley project, Liontown Resources (ASX:LTR) has confirmed GR Engineering will build a cement plant on-site.

Namely, it will be a cemented paste fill plant – typically a mix of tailings, cement paste and water, used in the same way as cement to construct underground mining infrastructure.

GR Engineering will be responsible for both delivery of the plant and getting it online. Liontown expects 160m cubed per hour to be produced and has been designed to handle future expansion of Kathleen Valley.

The end-goal nameplate capacity Liontown is shooting for is an impressive 4Mtpa of lithium.

The presence of a cemented paste fill plant on-site is planned to minimise the size of surface-straddling tailings dams that would otherwise be needed. A certain amount of water used will be recycled on-site.

The paste plant will be comprised of two trains – a second train has been brought forward, Liontown said on Friday, to “derisk underground mining operations … and capture cost economies associated with constructing the two trains together.”

The contract is worth around $71M and was “contemplated” under a recently granted $550M facility.

“GRES has designed and constructed multiple paste plant facilities throughout Western Australia and the GRES team has mobilised and commenced initial works at Kathleen Valley,” Liontown boss Tony Ottaviano said.

LTR last traded at $1.40.

LTR by the numbers
More From The Market Online
Market Close Graphic

ASX Market Close: Bourse finishes week on a high as Wisetech pummeled | November 22, 2024

The ASX200 closed up 0.85% at 8,393 points. Economists increasingly expect interest rates in Australia won’t…
The Market Online Video

HotCopper Highlights: Your most watched stocks for Week 47, 2024

In this segment we’ll look at the top stocks HotCopper users have been watching, and discussing,…
Nuclear explosion mushroom cloud concept

Week 47 Wrap: HotCopper users’ most watched; Brent lifts on Putin’s scary letter; RFK dents CSL

Welcome to the end of another week. Let's start with what HotCopper users have been watching…
Dale Gillham's photo, and wording 'Words from Wealth Within's Chief Analyst Dale Gillham.

Dale Gillham’s weekly wrap: Sigma-Chemist Warehouse merger creates pharma powerhouse

The $8.8 billion dollar merger between Sigma Healthcare and Chemist Warehouse is poised to reshape the Australian pharmacy landscape, consolidating power in th…