Liontown (ASX:LTR) reported AU$193 million of cash receipts from customers for the September quarter, according to a Thursday filing with the Australian bourse.
Cash receipts from customers totaled AU$302 million in the June quarter, an earlier filing showed.
The company said its underlying operating cash flow was AU$69 million in the September quarter, with a one-off customer settlement payment resulting in AU$47 million of operating cash flow.
Liontown produced 77,982 dry metric tonnes of spodumene concentrate in the quarter, compared with 103,000 dry metric tonnes in the three months through June.
The company said it delivered a record 4,021 meters of underground development during the September quarter, which is expected to boost its annualized ore mining rate to around 1.9 million tonnes per annum in the second quarter of fiscal 2027 from about 1.6 million tonnes per annum currently.
Liontown shares fell 3% in recent Thursday trade.
