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IGO Halts Kwinana Expansion Amid $79M EBITDA Loss, Greenbushes Shines

9:14am on Thursday 30th of January, 2025 AEDT Mining
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IGO Halts Kwinana Expansion Amid $79M EBITDA Loss, Greenbushes Shines

9:14am on Thursday 30th of January, 2025 AEDT
Key Points
  • Greenbushes exceeds production targets with strong margins and cash flow
  • Kwinana Lithium Hydroxide Plant 2 work ceased due to economic challenges
  • Nova operation impacted by lower ore grades and increased unit costs
  • Group EBITDA loss of $79 million excluding Kwinana impairment
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