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IGO Limited (ASX:IGO)

ALERT: Price-sensitive ASX Announcement for IGO
Current share price for IGO : $6.420 -2.68 (-29.45%)+
Announcement
Release
29 Jan 2026 8:13AM
Price at Release
$9.100
Full Release
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Summary
The December 2025 Quarterly Activities Report for IGO Limited outlines key operations and financial performance for the quarter. The Greenbushes lithium mine increased production by 10% with enhancements in ore mined and plant optimization. Despite a maintenance outage, the Kwinana lithium hydroxide refinery operated at 50% capacity by December, although it remains a high-cost asset. Nova operation performed well with consistent production and favorable cost management, supporting a positive cash flow. Group underlying EBITDA improved to $30 million. Overall, the company maintains a strong balance sheet with $299 million net cash and reported a reduction in injury frequency rates, reflecting a positive safety culture.
Key Points
  • Greenbushes lithium mine production up 10% with improvements in ore mined and plant optimization.
  • Kwinana refinery operated at 50% capacity in December after maintenance, remains a high-cost asset.
  • Nova operation displayed solid production and cost management, contributing to strong cash flow.
  • Group underlying EBITDA increased to $30 million.
  • Company holds a robust balance sheet with $299 million net cash.
  • Significant reduction in total recordable injury frequency rate to 5.8.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.