IGO's Kwinana Refinery Remains Key Risk Until Closure or Turnaround -- Market Talk

Dow Jones

2025/07/30

0053 GMT - IGO's 4Q update underscores why the Kwinana battery-grade lithium hydroxide refinery it operates with China's Tianqi under the TLEA joint venture remains the main risk to its stock, Euroz Hartleys says. The Kwinana operation posted a A$28.7 million Ebitda loss in 4Q. IGO forecast a further impairment of A$70 million-A$90 million on the refinery's assets, which could fully impair the first processing unit, or train, at the site. "Kwinana is the risk until its closed or performance improves dramatically," analyst Trent Barnett says. IGO's shares fall 10% to A$4.48, on track for their lowest close since July 10. (david.winning@wsj.com; @dwinningWSJ)

(END) Dow Jones Newswires

July 29, 2025 20:53 ET (00:53 GMT)

应版权方要求，你需要登录查看该内容

免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。

热议股票

{"basename":"/hans","ssrTDKData":{"titleTemplate":"%s - 老虎证券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎证券,老虎证券开户,老虎券商,老虎证券官网,老虎证券app,tigertrade老虎证券,股票,炒股,新加坡股票交易平台,投资,投资理财","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hans/news/2555833099"},"companyName":"老虎证券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2555833099\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2555833099?lang=zh_CN&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-07-30 08:53","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2555833099","market":"fut","top_or_hot":-1,"title":"IGO's Kwinana Refinery Remains Key Risk Until Closure or Turnaround -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0053 GMT - IGO's 4Q update underscores why the Kwinana battery-grade lithium hydroxide refinery it operates with China's Tianqi under the TLEA joint venture remains the main risk to its stock, <a href=\"https://laohu8.com/S/EZL.AU\">Euroz</a> Hartleys says. The Kwinana operation posted a A$28.7 million Ebitda loss in 4Q. IGO forecast a further impairment of A$70 million-A$90 million on the refinery's assets, which could fully impair the first processing unit, or train, at the site. \"Kwinana is the risk until its closed or performance improves dramatically,\" analyst Trent Barnett says. IGO's shares fall 10% to A$4.48, on track for their lowest close since July 10. (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 29, 2025 20:53 ET (00:53 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>IGO's Kwinana Refinery Remains Key Risk Until Closure or Turnaround -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIGO's Kwinana Refinery Remains Key Risk Until Closure or Turnaround -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-07-30 08:53</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0053 GMT - IGO's 4Q update underscores why the Kwinana battery-grade lithium hydroxide refinery it operates with China's Tianqi under the TLEA joint venture remains the main risk to its stock, <a href=\"https://laohu8.com/S/EZL.AU\">Euroz</a> Hartleys says. The Kwinana operation posted a A$28.7 million Ebitda loss in 4Q. IGO forecast a further impairment of A$70 million-A$90 million on the refinery's assets, which could fully impair the first processing unit, or train, at the site. \"Kwinana is the risk until its closed or performance improves dramatically,\" analyst Trent Barnett says. IGO's shares fall 10% to A$4.48, on track for their lowest close since July 10. (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 29, 2025 20:53 ET (00:53 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7095","symbol_name":"多种金属与采矿","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2555833099","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2555833099","pubTimestamp":1753836780,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0053 GMT - IGO's 4Q update underscores why the Kwinana battery-grade lithium hydroxide refinery it operates with China's Tianqi under the TLEA joint venture remains the main risk to its stock, Euroz Hartleys says. The Kwinana operation posted a A$28.7 million Ebitda loss in 4Q. IGO forecast a further impairment of A$70 million-A$90 million on the refinery's assets, which could fully impair the first processing unit, or train, at the site. \"Kwinana is the risk until its closed or performance improves dramatically,\" analyst Trent Barnett says. IGO's shares fall 10% to A$4.48, on track for their lowest close since July 10. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7095":"多种金属与采矿","BK7506":"金矿股","BK7504":"锂钴概念","BK7507":"资源股","IGO.AU":"IGO LTD"},"translate_title":"IGO的奎纳纳炼油厂在关闭或扭亏为盈之前仍然是主要风险——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"IGO.AU":0.9},"content_text":"0053 GMT - IGO's 4Q update underscores why the Kwinana battery-grade lithium hydroxide refinery it operates with China's Tianqi under the TLEA joint venture remains the main risk to its stock, Euroz Hartleys says. The Kwinana operation posted a A$28.7 million Ebitda loss in 4Q. IGO forecast a further impairment of A$70 million-A$90 million on the refinery's assets, which could fully impair the first processing unit, or train, at the site. \"Kwinana is the risk until its closed or performance improves dramatically,\" analyst Trent Barnett says. IGO's shares fall 10% to A$4.48, on track for their lowest close since July 10. (david.winning@wsj.com; @dwinningWSJ) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 29, 2025 20:53 ET (00:53 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}