IGO Ltd
IGO Limited is a resources company that discovers, develops and produces products critical to the clean energy transition.
The business
IGO Limited is a resources company that discovers, develops and produces products critical to the clean energy transition. Its segments include Nova Operation, Forrestania Operation, Cosmos Project, Lithium Business, and Growth. The Nova Operation includes the Nova underground nickel mine and processing operation producing nickel and copper concentrates. Forrestania Operation is located approximately 400 kilometers east of Perth in Western Australia. Cosmos Project comprises the development of the Odysseus underground mine focused on the production of nickel concentrate, containing nickel and cobalt metal. The Lithium Business represents its 49% share in the lithium joint venture, Tianqi Lithium Energy Australia Pty Ltd (TLEA), with Tianqi Lithium Corporation. The existing assets of TLEA are Greenbushes Lithium Mine and the Kwinana Lithium Hydroxide Refinery. It also owns Copper Wolf Project in Arizona. Growth segment comprises exploration, business development and project evaluation.
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Latest news
Weekly Wrap: Geopolitical Relief and Rate Hopes Spark Late Week Rebound for the ASX
ASX rebounds late week: easing rate fears and Persian Gulf peace hopes power a 0.41% Friday rise, after a 7-week low.
Weekly wrap: ASX loses steam amid hairy chested war rhetoric
ASX slips as Trump-Iran tension persists; IGO sinks 18% on lithium gloom, while energy stocks rally; weekly loss about 1.8%.
Market wrap: ASX setting up for a rebound rally?
The Lithium Turnaround: Pilbara, Liontown, IGO, MinRes, and Global Lithium Resources to Watch
Australia’s lithium industry is entering an exciting period. Global demand for lithium is rising sharply, electrification is accelerating, and Australia’s hard-rock lithium producers are perfectly positioned to benefit. From rising export earnings to operational leverage and selective growth opportunities, the fundamentals are compelling. We’ve captured the full story in a detailed report, including: Why lithium […]
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