NRF takes $50m stake in WA lithium project

The National Reconstruction Fund Corporation has made its second investment in Australia’s critical minerals sector, committing $50 million to Liontown Resources’ flagship Kathleen Valley lithium project in Western Australia. The investment, announced on Thursday, forms part of a $365 million fully underwritten institutional placement to support the construction and scaleup of the Gina Rinehart-backed lithium…

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