Mining
Liontown, Australia's largest energy company, posts a larger interim loss due to LG Energy stake sales charge
Liontown, Australia's largest food and beverage company, reported a wider first-half loss on Thursday. The reason for the widened loss was a?non-cash accounting expense after South Korea's LG Energy Solution sold its stake in the firm last month. By 2324 GMT, shares of the company were down by as much as 2,5% to A$1.59 Lithium producer reported a net loss after tax of A$184m ($131.25m) on a legal basis for the six-month period ended December 31 compared to a loss of A$15m in the previous corresponding period. Liontown reported a?reported?loss? that included a?non cash accounting charge? of A$104million after the...