Brief: IGO Posts Qtrly Group EBITDA Loss Of A$79.0M

IGO

30/01/2025 01:28

Jan 30 (Reuters) - IGO Ltd  IGO.AX :
    * QTRLY GROUP EBITDA LOSS OF A$79.0M
    * POST QUARTER END, ALL WORKS CEASED ON KWINANA LITHIUM
HYDROXIDE
PLANT 2 REFLECTING SIGNIFICANT CHALLENGES TO PROJECT ECONOMICS
    * SUBSTANTIAL IMPAIRMENT EXPECTED WITH RESPECT TO KWINANA TO
BE
ANNOUNCED WITH 1H25 RESULTS
    * QTRLY GROUP SALES REVENUE DECREASED 8% TO A$131.8M
    * QTRLY SPODUMENE PRODUCTION 392 KT


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