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IGO ( (AU:IGO) ) has shared an announcement.
IGO Limited reported a mixed performance for the December quarter of 2025, with Greenbushes delivering strong financial results while Nova faced challenges due to lower grades and recoveries. The company’s EBITDA suffered a loss of $79M, influenced by decreased revenue and foreign exchange losses, although it maintains solid cash reserves. Key developments include the cessation of activities at Kwinana’s LHP2 and ongoing discussions with Tianqi to finalize the Lithium Hydroxide Refinery’s impairment review, indicating a strategic focus on optimizing operations and financial stability.
More about IGO
IGO Limited operates in the mining industry, focusing on producing and exploring nickel, copper, lithium, and other resources. It is involved in projects like Greenbushes, known for its strong performance in generating high margins and cash flow, and Nova, which is currently facing operational challenges.
YTD Price Performance: 3.23%
Average Trading Volume: 615
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $2.43B
Learn more about IGO stock on TipRanks’ Stock Analysis page.
