IGO Revises Greenbushes Chemical Plant Cost to About AU$880 Million

MT Newswires Live

2024/10/31

IGO (ASX:IGO) revised the total project cost for the Chemical Grade Plant 3 (CGP3) at the Greenbushes lithium mine in Western Australia to about AU$880 million.

Once complete, CGP3 will add about 500,000 tonnes per annum of spodumene concentrate to production capacity, according to a Thursday filing with the Australian bourse.

First ore to the plant is expected in the fiscal second quarter of 2026.

Price (AUD): $5.26, Change: $-0.01, Percent Change: -0.09%

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