IGO's Western Australia Mine Produces Record Q1 Spodumene Production
MT Newswires Live07:59
IGO (ASX:IGO) said its Greenbushes lithium mine in Western Australia produced a record 435,000 tonnes of spodumene concentrate in the quarter ended Sept. 30, according to a Thursday filing with the Australian bourse.
The mine produced 320,000 tonnes of spodumene concentrate in the same period last year, an earlier filing showed.
The company expects fiscal 2027 spodumene production of between 1.6 million tonnes and 1.8 million tonnes, with development, sustaining, improvement and deferred waste capital expenditure guidance of AU$250 million to AU$300 million, the Thursday filing said.
Shares rose nearly 1% in morning trade Thursday.
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