BRIEF-IGO Expects Exploration Expenditure To Be Well Below A$50 Million

Reuters

02-20

BRIEF-IGO Expects Exploration Expenditure To Be Well Below A$50 Million

Feb 20 (Reuters) - IGO Ltd IGO.AX:

LITHIUM BUSINESS REPORTED A SHARE OF NET LOSS OF A$602.2M FROM LITHIUM JOINT VENTURE IN HY
EXPECTS THAT SPODUMENE PRODUCTION FOR 2H25 WILL BE LOWER COMPARED TO 1H25
FY25 SPODUMENE PRODUCTION IS EXPECTED TO BE AT UPPER END OF GUIDED RANGE OF 1,350- 1,550KT
SEES KWINANA FY25 LITHIUM HYDROXIDE PRODUCTION TO BE BETWEEN 7,000 - 8,000T
IN FY26, WE EXPECT EXPLORATION EXPENDITURE TO BE WELL BELOW A$50M

Further company coverage: IGO.AX

((Reuters.Briefs@thomsonreuters.com))

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