Kathleen Valley Lithium Project: The project review to lower near-term funding needs includes potentially delaying its 4 million tonne per annum (mtpa) underground development, other mine plan adjustments, and further cost cuts, Liontown said in a statement.
Mineral Resources shares tumble 9% on unfavourable broker rating fool.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com.au Daily Mail and Mail on Sunday newspapers.
Why are Liontown shares getting hammered on Thursday? fool.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com.au Daily Mail and Mail on Sunday newspapers.
The major U.S. index futures are currently pointing to a higher open on Thursday, with stocks likely to regain ground following the sell-off seen late in the previous session.
Asian stocks ended mostly lower on Thursday after an abrupt mid-afternoon nosedive ended Wall Street's impressive rally overnight. Gold prices traded range bound in Asian trade and the dollar recovered from near five-month lows while ten-year Treasury yields hit a seven-month low as a far steeper-than-expected decline in British inflation increased speculation around a rate cut next year.