Liontown drops as lithium weakness pressures Kathleen Valley plan
Liontown Limited shares fell 7.97% to A$1.90 in Sydney on June 10, with trading volume surging to 33.6 million shares. No new company filings explained the drop, as lithium prices in China rose 1.22% on the day but remained down 15.11% for the month. Other lithium miners also declined. Liontown recently posted its first positive net cash flow quarter, with A$33 million in net cash flow.