Lithium
43.33
(0.09%)
Gold
2,798.10
(0.04%)
Copper
4.35
(0.24%)
Oil
68.94
(0.23%)
Bitcoin
72,117.89
(0.3%)
FTSE 100
8,159.63
(0.73%)
Nikkei 225
39,077.33
(0.26%)
Dow Jones
42,141.54
(0.26%)
Iron Ore
103.70
0.17%
USD/AUD
0.66
(0.13%)
Hang Seng
20,380.64
(1%)
Lithium
43.33
(0.09%)
Gold
2,798.10
(0.04%)
Copper
4.35
(0.24%)
Oil
68.94
(0.23%)
Bitcoin
72,117.89
(0.3%)
FTSE 100
8,159.63
(0.73%)
Nikkei 225
39,077.33
(0.26%)
Dow Jones
42,141.54
(0.26%)
Iron Ore
103.70
0.17%
USD/AUD
0.66
(0.13%)
Hang Seng
20,380.64
(1%)
Lithium
43.33
(0.09%)
Gold
2,798.10
(0.04%)
Copper
4.35
(0.24%)
Oil
68.94
(0.23%)
Bitcoin
72,117.89
(0.3%)
FTSE 100
8,159.63
(0.73%)
Nikkei 225
39,077.33
(0.26%)
Dow Jones
42,141.54
(0.26%)
Iron Ore
103.70
0.17%
USD/AUD
0.66
(0.13%)
Hang Seng
20,380.64
(1%)
Lithium
43.33
(0.09%)
Gold
2,798.10
(0.04%)
Copper
4.35
(0.24%)
Oil
68.94
(0.23%)
Bitcoin
72,117.89
(0.3%)
FTSE 100
8,159.63
(0.73%)
Nikkei 225
39,077.33
(0.26%)
Dow Jones
42,141.54
(0.26%)
Iron Ore
103.70
0.17%
USD/AUD
0.66
(0.13%)
Hang Seng
20,380.64
(1%)
Lithium
43.33
(0.09%)
Gold
2,798.10
(0.04%)
Copper
4.35
(0.24%)
Oil
68.94
(0.23%)
Bitcoin
72,117.89
(0.3%)
FTSE 100
8,159.63
(0.73%)
Nikkei 225
39,077.33
(0.26%)
Dow Jones
42,141.54
(0.26%)
Iron Ore
103.70
0.17%
USD/AUD
0.66
(0.13%)
Hang Seng
20,380.64
(1%)
Lithium
43.33
(0.09%)
Gold
2,798.10
(0.04%)
Copper
4.35
(0.24%)
Oil
68.94
(0.23%)
Bitcoin
72,117.89
(0.3%)
FTSE 100
8,159.63
(0.73%)
Nikkei 225
39,077.33
(0.26%)
Dow Jones
42,141.54
(0.26%)
Iron Ore
103.70
0.17%
USD/AUD
0.66
(0.13%)
Hang Seng
20,380.64
(1%)
Lithium
43.33
(0.09%)
Gold
2,798.10
(0.04%)
Copper
4.35
(0.24%)
Oil
68.94
(0.23%)
Bitcoin
72,117.89
(0.3%)
FTSE 100
8,159.63
(0.73%)
Nikkei 225
39,077.33
(0.26%)
Dow Jones
42,141.54
(0.26%)
Iron Ore
103.70
0.17%
USD/AUD
0.66
(0.13%)
Hang Seng
20,380.64
(1%)
Lithium
43.33
(0.09%)
Gold
2,798.10
(0.04%)
Copper
4.35
(0.24%)
Oil
68.94
(0.23%)
Bitcoin
72,117.89
(0.3%)
FTSE 100
8,159.63
(0.73%)
Nikkei 225
39,077.33
(0.26%)
Dow Jones
42,141.54
(0.26%)
Iron Ore
103.70
0.17%
USD/AUD
0.66
(0.13%)
Hang Seng
20,380.64
(1%)
Lithium
43.33
(0.09%)
Gold
2,798.10
(0.04%)
Copper
4.35
(0.24%)
Oil
68.94
(0.23%)
Bitcoin
72,117.89
(0.3%)
FTSE 100
8,159.63
(0.73%)
Nikkei 225
39,077.33
(0.26%)
Dow Jones
42,141.54
(0.26%)
Iron Ore
103.70
0.17%
USD/AUD
0.66
(0.13%)
Hang Seng
20,380.64
(1%)
Lithium
43.33
(0.09%)
Gold
2,798.10
(0.04%)
Copper
4.35
(0.24%)
Oil
68.94
(0.23%)
Bitcoin
72,117.89
(0.3%)
FTSE 100
8,159.63
(0.73%)
Nikkei 225
39,077.33
(0.26%)
Dow Jones
42,141.54
(0.26%)
Iron Ore
103.70
0.17%
USD/AUD
0.66
(0.13%)
Hang Seng
20,380.64
(1%)
Lithium
43.33
(0.09%)
Gold
2,798.10
(0.04%)
Copper
4.35
(0.24%)
Oil
68.94
(0.23%)
Bitcoin
72,117.89
(0.3%)
FTSE 100
8,159.63
(0.73%)
Nikkei 225
39,077.33
(0.26%)
Dow Jones
42,141.54
(0.26%)
Iron Ore
103.70
0.17%
USD/AUD
0.66
(0.13%)
Hang Seng
20,380.64
(1%)
Lithium
43.33
(0.09%)
Gold
2,798.10
(0.04%)
Copper
4.35
(0.24%)
Oil
68.94
(0.23%)
Bitcoin
72,117.89
(0.3%)
FTSE 100
8,159.63
(0.73%)
Nikkei 225
39,077.33
(0.26%)
Dow Jones
42,141.54
(0.26%)
Iron Ore
103.70
0.17%
USD/AUD
0.66
(0.13%)
Hang Seng
20,380.64
(1%)
Lithium
43.33
(0.09%)
Gold
2,798.10
(0.04%)
Copper
4.35
(0.24%)
Oil
68.94
(0.23%)
Bitcoin
72,117.89
(0.3%)
FTSE 100
8,159.63
(0.73%)
Nikkei 225
39,077.33
(0.26%)
Dow Jones
42,141.54
(0.26%)
Iron Ore
103.70
0.17%
USD/AUD
0.66
(0.13%)
Hang Seng
20,380.64
(1%)
Lithium
43.33
(0.09%)
Gold
2,798.10
(0.04%)
Copper
4.35
(0.24%)
Oil
68.94
(0.23%)
Bitcoin
72,117.89
(0.3%)
FTSE 100
8,159.63
(0.73%)
Nikkei 225
39,077.33
(0.26%)
Dow Jones
42,141.54
(0.26%)
Iron Ore
103.70
0.17%
USD/AUD
0.66
(0.13%)
Hang Seng
20,380.64
(1%)
Lithium
43.33
(0.09%)
Gold
2,798.10
(0.04%)
Copper
4.35
(0.24%)
Oil
68.94
(0.23%)
Bitcoin
72,117.89
(0.3%)
FTSE 100
8,159.63
(0.73%)
Nikkei 225
39,077.33
(0.26%)
Dow Jones
42,141.54
(0.26%)
Iron Ore
103.70
0.17%
USD/AUD
0.66
(0.13%)
Hang Seng
20,380.64
(1%)
Lithium
43.33
(0.09%)
Gold
2,798.10
(0.04%)
Copper
4.35
(0.24%)
Oil
68.94
(0.23%)
Bitcoin
72,117.89
(0.3%)
FTSE 100
8,159.63
(0.73%)
Nikkei 225
39,077.33
(0.26%)
Dow Jones
42,141.54
(0.26%)
Iron Ore
103.70
0.17%
USD/AUD
0.66
(0.13%)
Hang Seng
20,380.64
(1%)
Lithium
43.33
(0.09%)
Gold
2,798.10
(0.04%)
Copper
4.35
(0.24%)
Oil
68.94
(0.23%)
Bitcoin
72,117.89
(0.3%)
FTSE 100
8,159.63
(0.73%)
Nikkei 225
39,077.33
(0.26%)
Dow Jones
42,141.54
(0.26%)
Iron Ore
103.70
0.17%
USD/AUD
0.66
(0.13%)
Hang Seng
20,380.64
(1%)
Lithium
43.33
(0.09%)
Gold
2,798.10
(0.04%)
Copper
4.35
(0.24%)
Oil
68.94
(0.23%)
Bitcoin
72,117.89
(0.3%)
FTSE 100
8,159.63
(0.73%)
Nikkei 225
39,077.33
(0.26%)
Dow Jones
42,141.54
(0.26%)
Iron Ore
103.70
0.17%
USD/AUD
0.66
(0.13%)
Hang Seng
20,380.64
(1%)
Lithium
43.33
(0.09%)
Gold
2,798.10
(0.04%)
Copper
4.35
(0.24%)
Oil
68.94
(0.23%)
Bitcoin
72,117.89
(0.3%)
FTSE 100
8,159.63
(0.73%)
Nikkei 225
39,077.33
(0.26%)
Dow Jones
42,141.54
(0.26%)
Iron Ore
103.70
0.17%
USD/AUD
0.66
(0.13%)
Hang Seng
20,380.64
(1%)
Lithium
43.33
(0.09%)
Gold
2,798.10
(0.04%)
Copper
4.35
(0.24%)
Oil
68.94
(0.23%)
Bitcoin
72,117.89
(0.3%)
FTSE 100
8,159.63
(0.73%)
Nikkei 225
39,077.33
(0.26%)
Dow Jones
42,141.54
(0.26%)
Iron Ore
103.70
0.17%
USD/AUD
0.66
(0.13%)
Hang Seng
20,380.64
(1%)
IGO (ASX: $IGO) revises budget and timeline for CGP3 project
- Author: Stock Piper
IGO updates CGP3 project details
IGO (ASX:IGO) has announced a revised budget and timeline for the Chemical Grade Plant 3 (CGP3) project, currently under construction at the Greenbushes Lithium Mine. The project cost is now estimated at approximately $880 million, with about $270 million remaining to complete by September 2024. The first ore feed is expected in the second quarter of fiscal year 2026.
IGO's strategic outlook on CGP3
IGO has adjusted the budget and timeline for its CGP3 project at Greenbushes Lithium Mine due to industry cost increases and project changes. The project aims to boost spodumene concentrate production by 500,000 tons annually once operational. Despite current lithium market conditions, IGO is committed to its growth strategy, leveraging Greenbushes’ strong margins and cash generation to maintain its leadership in the lithium market.
Executive insights on CGP3 project
The CGP3 project is crucial for maintaining Greenbushes’ leadership in the lithium industry,' emphasized IGO's Managing Director and CEO, Ivan Vella.
IGO LIMITED
IGO | ASX | Materials
5.3150.045000000000001(+0.85%)
At close 30/10 (AEDT)
Market cap
$4.0B
Volume
709,772
DY Yield
0.0987
PE Ratio
Infinity
52 Week Range
4.71 - 9.81
1YR Return
N / A
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