BRIEF-IGO Posts Qtrly Group EBITDA Loss Of A$79.0M

Reuters

01-30

BRIEF-IGO Posts Qtrly Group EBITDA Loss Of A$79.0M

Jan 30 (Reuters) - IGO Ltd IGO.AX:

QTRLY GROUP EBITDA LOSS OF A$79.0M
POST QUARTER END, ALL WORKS CEASED ON KWINANA LITHIUM HYDROXIDE PLANT 2 REFLECTING SIGNIFICANT CHALLENGES TO PROJECT ECONOMICS
SUBSTANTIAL IMPAIRMENT EXPECTED WITH RESPECT TO KWINANA TO BE ANNOUNCED WITH 1H25 RESULTS
QTRLY GROUP SALES REVENUE DECREASED 8% TO A$131.8M
QTRLY SPODUMENE PRODUCTION 392 KT

Further company coverage: IGO.AX

((Reuters.Briefs@thomsonreuters.com;))

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