Brief: IGO Expects Exploration Expenditure To Be Well Below A$50 Million

IGO

19/02/2025 22:12

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


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 ((Reuters.Briefs@thomsonreuters.com))