IGO Reports Fire at CGP3 Lithium Plant in Western Australia

MT Newswires Live07:51

IGO (ASX:IGO) said a fire broke out at its chemical grade plant 3 (CGP3) at the Greenbushes lithium operation on Tuesday and was extinguished without causing any injuries, according to a Wednesday Australian bourse filing.

Talison Lithium has initiated an investigation to determine the cause and extent of the damage and to evaluate the necessary repairs, per the filing.

Operations at CGP1 and CGP2 were not impacted, and Greenbushes production is still forecast to remain on track to meet the company's fiscal 2026 spodumene concentrate guidance of 1.4 million tonnes, the filing added.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment