10/04/2025 09:43

IGO Ltd (IGO) $3.12

Lithium/nickel miner IGO is doing everything it can to get things right.  FY25 production is tracking to the top end of guidance, while costs are to the lower end, a rare and pleasant combination. 

Read more

20/03/2025 09:54

IGO Ltd (IGO) $4.28

IGO closed marginally higher on Wednesday as the lithium/nickel miner continued to bounce. If EV sales and sentiment toward the sector improve, IGO could quickly recover some of its recent deep losses.

Read more

18/03/2025 09:04

IGO Ltd (IGO) $4.28

IGO popped +7.2% on Monday as the lithium/nickel miner bounced a few days after RBC raised their price target for IGO to $6 - coincidentally, our technical upside target.

Read more

21/01/2025 09:30

IGO Ltd (IGO) $5.46

IGO initially slipped lower on Monday after announcing it would post a loss from its West Australian lithium (Li) processing facility as the miner struggles to find buyers for its product like many of its peers in the current weak market.

Read more

13/12/2024 09:03

IGO Ltd (IGO) $5.12

IGO is one of the lowest-cost global producers of lithium (Li), with a net cash position of $259 million, which positions it strongly for when the Li price finally turns.

Read more

03/12/2024 09:47

South32 v IGO Ltd (IGO)

IGO is the lowest-cost lithium (Li) producer on the ASX. In the September quarter of FY24, its cash cost of producing lithium spodumene concentrate was ~A$277 per tonne and they are very leveraged to prices as they continue to ramp up Greenbushes.

Read more

29/11/2024 08:59

IGO Ltd (IGO) $4.83

IGO is the lowest-cost lithium (Li) producer on the ASX. In the September quarter of FY24, its cost of producing lithium spodumene concentrate was A$262 (approximately $US173) per tonne, positioning it among the lowest-cost producers globally—lithium spodumene is currently trading around $US800.

Read more

05/09/2024 09:49

IGO Ltd (IGO) $5.07

IGO is the lowest-cost lithium (Li) producer on the ASX, but parts of its August report were on the softer side and they certainly dropped the ball with their push into Nickel at the wrong time.

Read more

30/08/2024 09:34

IGO Ltd (IGO) $5.32

It's not often you’ll see an ASX200 stock endure a 99% drop in profits, but that’s precisely what happened to IGO on Thursday, which suffered from collapsing lithium and nickel prices, rising costs and further chunky write-downs.

Read more

02/08/2024 09:14

IGO Ltd (IGO) $5.58

Arguably, IGO is one of the ultimate falls from grace, with both nickel and lithium weighing on the miner before we even consider its botched purchase of Western Areas (WSA). There was nothing exciting in IGO’s report this week, which showed FY EBITDA of $588mn, and downgrades followed in quick succession from the likes of Morgan Stanley, Macquarie, and Goldman Sachs.

Read more