IGO owns a 49% stake alongside China's Tianqi as part of the Tianqi Lithium Energy Australia JV. The JV also owns 51% of Greenbushes, the world's highest grade spodumene mine. Greenbushes produced ...

At the end of December 2024, the firm had AUD 5.1 billion in net debt, gearing elevated at 165%. We now don't expect gearing to be back to a more palatable 30% before fiscal 2030, unless an equity ...

BRISTOL: A persistent lithium glut and the prospect that some mines could be restarted if ... CRU Group analyst Thomas Matthews, citing the Greenbushes, Wodgina and Pilgangoora projects in Australia.

The context: Morningstar flagged that the core driver of profitability for IGO's part-owned Greenbushes ... with lithium prices "probably having bottomed". However, the stock's appeal is weakened by a ...