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

Reuters
20 Feb
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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