FY25 Full Year Financial Results

Tony Ottaviano Managing Director | CEO

25 September 2025

ASX: LTR | ltresources.com.au



FY25 | Delivering Today, Unlocking Tomorrow

Liontown: a new globally significant lithium producer

First year milestones delivered

Positive underlying performance

Kathleen Valley constructed, commissioned, and transitioned into production, generating A$298M revenue.

A$55M Underlying EBITDA and breakeven cash flow despite weaker prices and ramp-up impacts

Balance sheet strengthened

Equity raising post year-end secures funding for FY26 underground transition

Sustainability embedded

Strong safety, 81% renewable power, and expanded Traditional Owner partnerships

Clear pathway ahead

FY26 transition year; FY27+ delivers lower cost and platform for growth

Long-term value proposition

Scale, quality and sustainability underpin enduring demand for Kathleen Valley, expansion optionality retained

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FY25 | Milestone first year of operations and strong financial outcomes

Concentrate Production

294,521dmt

In 11 months of production, including six-month ramp-up, weighted average grade of 5.2% Li2O

Concentrate Sales

283,443dmt

Sixteen parcels sold in FY25

Plant Availability

89%

Supporting consistent operational

progress

Lithia Recovery

58%

Average recovery reflective of H1 ramp up, H2 average recovery of 60%

Revenue

A$298M

Strong revenue in challenging macro conditions

Cash2

A$156M at 30 June 2025 Strong balance sheet, further strengthened by capital raise, with ~11,000dmt of saleable concentrate on hand

H2 FY25 Unit operating cost1

A$802

Per dmt sold (FOB), aligns with operational ramp-up dynamics and market adjustments

Underlying EBITDA

A$55M

In first year of operations, highlighting rapid ramp-up and early efficiencies

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FY25 Financial Performance

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Liontown Resources Limited published this content on September 25, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on September 25, 2025 at 16:13 UTC.