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IGO’s Greenbushes rebound opens a new chapter as Nova winds down

9:37am on Thursday 29th of October, 2026 AEDT • Mining
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IGO’s Greenbushes rebound opens a new chapter as Nova winds down

9:37am on Thursday 29th of October, 2026 AEDT
Key Points
  • Greenbushes production reached a record 435kt, with cash costs falling 7% to A$418/t
  • Group underlying EBITDA rose 49% quarter on quarter to A$176.1 million
  • Nova nickel production increased 19% before mining and processing conclude in late October
  • Kwinana recorded a A$65.4 million EBITDA loss, including a A$32.0 million inventory adjustment
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