By Rhiannon Hoyle
Australian miner IGO on Monday downgraded an annual production estimate for the lithium business it owns in a joint venture with China’s Tianqi Lithium.
The company revised fiscal 2024 spodumene-concentrate output guidance for the Greenbushes operation to between 1.3 million metric tons and 1.4 million tons, from between 1.4 million and 1.5 million previously.
IGO said earlier cash production-cost guidance of between 280 Australian dollars ($184) a ton and A$330 a ton has been retained, but that it expects costs at the top end of that range.
Write to Rhiannon Hoyle at [email protected]
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