Liontown Resources (ASX:LTR), an Australian mining company, announced this week a secured debt facility of $363.2 million.

This major funding milestone is contributing towards the planned expansion and acceleration of its key Kathleen Valley lithium project.

The exchange rate at the time of the arrangement was $1 equal to 1.5142 Australian dollars.

Liontown Resources (ASX:LTR) is an Australian mining company focused on lithium production from its Kathleen Valley asset.