How does IGO plan on maintaining profitability in the current nickel market?
Kieran M. asked during the live chat IGO Vacation Program Live Chat Event 2024
Category: General
Date asked: Thursday, April 4, 2024
Last reviewed: Thursday, April 4, 2024
Natalie P.
Communications and Marketing Advisor
Hi Kieran, great question. IGO is well positioned despite current nickel prices.
Thursday, April 4, 2024
Natalie P.
Communications and Marketing Advisor
Our Nova and Forrestania assets are well placed despite the movements in nickel prices, with Nova’s low cost profile and Forrestania hedging delivering positive cash flows.
Thursday, April 4, 2024
Natalie P.
Communications and Marketing Advisor
IGO also has a joint venture with a stake in Greenbushes, a world class lithium asset.
Thursday, April 4, 2024
Kieran M.
Wow, that's good to hear thank you, Natalie. It's good to see that IGO has a diversified portfolio. Is the Greenbushes asset operated by IGO?
Thursday, April 4, 2024
Natalie P.
Communications and Marketing Advisor
It is operated by Talison. You can read more about the joint venture on our website :)
https://www.igo.com.au/site/operations/lithium-holdco-joint-venture
Thursday, April 4, 2024
Kieran M.
Thanks Natalie:)
Thursday, April 4, 2024
Natalie P.
Communications and Marketing Advisor
You're welcome, great questions.
Thursday, April 4, 2024