IGO Posts Qtrly Underlying EBITDA A$636 Mln (ASX:IGO)

<WIRE> IGO Posts Qtrly Underlying EBITDA A$636 Mln (ASX:IGO)

Monday, 31 July 2023

IGO Ltd (ASX:IGO) has reported its quarterly underlying EBITDA as A$636 million.

The company’s nickel production for the quarter reached 9,549T, up 14% QoQ, while spodumene production was 395 KT, compared to 356 KT in the previous quarter.

IGO’s group sales revenue for the quarter was in line with the prior quarter at A$240.6 million.

The company has withdrawn its guidance provided on October 31, 2022, with respect to Cosmos.

However, it expects spodumene production for FY24 to be in line with FY23, between 1,400 KT and 1,500 KT.

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<WIRE> IGO Posts Qtrly Underlying EBITDA A$636 Mln (ASX:IGO)

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