BUZZ-Lithium miner IGO sees best day in over 4 mths on Greenbushes update, TLEA dividend

Reuters04-30

** Shares of Australia's IGO rise as much as 9.6% to A$8.08, set for biggest intraday gain since Dec. 14

** The lithium miner expects its Greenbushes mines, the largest lithium mine in the world to operate at full production levels for rest of 2024

** Co also received A$25 million ($16.40 million) dividend from its lithium joint venture with Tianqi Lithium (TLEA) during quarter

** Says Kwinana lithium hydroxide facility successfully recorded a steady improvement in production over the quarter

** Adds both major nickel operations, Nova and Forrestania continued to generate positive free cash flow during the quarter amid a period of low underlying prices

** Stock has fallen 18.6% this year as of last close

($1 = 1.5246 Australian dollars)

(Reporting by Rishav Chatterjee in Bengaluru)

((Rishav.Chatterjee@thomsonreuters.com;))

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