Australian mining company IGO revealed its results report for the fourth quarter of fiscal year 2026, revealing that the Greenbush Lithium Mine CGP3 plant, the world's largest hard rock lithium mine in which it participated, is expected to resume production within a few days after experiencing a fire in June. Tianqi Lithium, a leader in the global lithium industry, is one of the co-owners of the Greenbush lithium mine. It previously disclosed an announcement that the CGP3 plant was on fire. Despite temporary disturbances caused by the fire, the Greenbush mine achieved a 10% month-on-month increase in spodumene production, a 37% month-on-month increase in actual sales price, and an EBITDA profit margin of 80% this quarter.

Zhitongcaijing · 3d ago
Australian mining company IGO revealed its results report for the fourth quarter of fiscal year 2026, revealing that the Greenbush Lithium Mine CGP3 plant, the world's largest hard rock lithium mine in which it participated, is expected to resume production within a few days after experiencing a fire in June. Tianqi Lithium, a leader in the global lithium industry, is one of the co-owners of the Greenbush lithium mine. It previously disclosed an announcement that the CGP3 plant was on fire. Despite temporary disturbances caused by the fire, the Greenbush mine achieved a 10% month-on-month increase in spodumene production, a 37% month-on-month increase in actual sales price, and an EBITDA profit margin of 80% this quarter.