IGO Limited Overview
Pro stress-test →IGO Limited is an ASX 100 listed company focused on creating a better planet for future generations by discovering, developing, and delivering products critical to clean energy. The company undertakes nickel, copper and cobalt mining and processing at the Nova Operation and the Forrestania Operation, with mining at the Forrestania Operation ceasing and transitioning to care and maintenance in October 2024.
Strategic Profile
Pro stress-test →Its primary asset is a minority stake in the Greenbushes lithium mine through a joint venture with Tianqi Lithium Corporation and Albemarle. The company is the 100%-owner of a downstream processing refinery at Kwinana, producing battery-grade lithium hydroxide. IGO is well-positioned in battery minerals for the clean energy transition with diversified critical mineral assets.
Competitive Landscape
Pro stress-test →IGO competes in the battery minerals space with other ASX-listed producers including Pilbara Minerals (spodumene), Liontown Resources (lithium), and Woodside Petroleum (diversified energy). Globally, IGO competes with major lithium producers and integrated nickel companies. The Greenbushes joint venture positions IGO among operators of world-class, low-cost lithium assets.
Industry Context
IGO Limited operates in Battery Minerals & Critical Metals Mining.
Key facts
Headquarters: Perth, Australia · Revenue: A$841M