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IGO Powers Through Q3 with Greenbushes Margins and Nova Nickel Boost
5:26am on Monday 2nd of June, 2025 AEST
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Mining
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IGO Powers Through Q3 with Greenbushes Margins and Nova Nickel Boost
5:26am on Monday 2nd of June, 2025 AEST
Key Points
Group underlying EBITDA rebounds to $34M and free cash flow hits $49M
Greenbushes lithium mine maintains 68% EBITDA margin with CGP3 expansion on track
Nova nickel operation boosts production by 23%, life of mine extended to end 2026
Kwinana Lithium Hydroxide Refinery underperforms due to shutdowns; Plant 2 works ceased
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