IGO Ltd

IGO: XASX (AUS)
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China Mine Shutdowns Should Help Bring Lithium Market Closer to Balance

Business Strategy and Outlook

IGO’s primary asset is a noncontrolling 25% stake in the Greenbushes mine, the world’s largest and lowest-cost hard rock lithium operation. The mine is operated by Talison Lithium, a joint venture between IGO, Albemarle, and effective-controller Tianqi Lithium. IGO is entitled to a dividend from Talison, paid out of free cash flow.

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