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IGO ( (AU:IGO) ) has shared an update.
IGO Limited has commenced commissioning of its Chemical Grade Plant 3 (CGP3) at the Greenbushes lithium operation in Western Australia, with first ore fed through the plant on 18 December 2025. The new plant adds approximately 500,000 tonnes per annum of spodumene concentrate capacity, lifting Greenbushes’ total capacity to about 2.1 million tonnes a year, marking a significant expansion in output potential for one of the world’s key lithium assets and reinforcing IGO’s growth trajectory in the battery materials sector.
The most recent analyst rating on (AU:IGO) stock is a Hold with a A$7.20 price target. To see the full list of analyst forecasts on IGO stock, see the AU:IGO Stock Forecast page.
More about IGO
IGO Limited is an Australian resources company focused on lithium mining and processing, with exposure to the Greenbushes operation in Western Australia through a 24.99% indirect stake held via the Tianqi Lithium Energy Australia joint venture. The company is positioned within the battery minerals supply chain, producing spodumene concentrate for the global lithium market.
YTD Price Performance: 61.01%
Average Trading Volume: 4,253,936
Technical Sentiment Signal: Buy
Current Market Cap: A$5.81B
For detailed information about IGO stock, go to TipRanks’ Stock Analysis page.