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IGO Halts Kwinana Lithium Plant 2, Prepares for Major Impairment

7:03pm on Monday 2nd of June, 2025 AEST Mining
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IGO Halts Kwinana Lithium Plant 2, Prepares for Major Impairment

7:03pm on Monday 2nd of June, 2025 AEST
Key Points
  • IGO and Tianqi Lithium Corporation halt construction on Kwinana Lithium Hydroxide Plant 2
  • IGO holds 49% stake in Tianqi Lithium Energy Australia, owner of Kwinana Refinery
  • Substantial pre-tax impairment expected in IGO’s 1H25 financial results
  • Final impairment figure to be disclosed on 20 February 2025
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