IGO's (ASX:IGO) sales revenue declined 8% to AU$131.8 million in the fiscal second quarter from AU$143.1 million in the first quarter due to lower average nickel price from the company's Forrestania project and the lack of contribution from its Cosmos project, according to a Monday filing with the Australian bourse.
The mining firm produced 392,000 tonnes of spodumene, a 3% quarter-on-quarter fall from 406,000 tonnes.
Lithium hydroxide production rose 6% to 1,593 tonnes from 1,502 tonnes, while nickel in concentrate production fell 25% to 3,393 tonnes from 4,494 tonnes, the filing said.
IGO's underlying loss before interest, taxes, depreciation, and amortization widened to AU$79 million from a loss of AU$2.9 million in the previous quarter, the filing added.
The company maintained its guidance for fiscal 2025, which includes spodumene production of 1.4 million to 1.6 million tonnes and nickel output of 16,000 to 18,000 tonnes.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。