Igo Limited (AU:IGO) has released an update.
IGO Limited reports a challenging quarter with a $15M EBITDA loss amid lower sales and weaker lithium prices, despite maintaining a strong cash position of $276 million. The company has secured an additional sale of 200kt of spodumene concentrate post-quarter and is undergoing a strategic refresh to align future priorities. Positive developments include improved Kwinana facility performance and continued cash flow generation from Nova and Forrestania operations.
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