macro

IGO reports record Greenbushes output, underlying EBITDA rises to $176.1M

IGO says Greenbushes hit a production record and Nova posted a strong final quarter before its closure and divestment.

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what happened

IGO reported that Greenbushes set a new production record, while Nova delivered a strong final quarter before its closure and divestment. Underlying EBITDA rose to $176.1M. Free cash flow came in at $39.7M, and net cash ended the period at $376.3M.

The information comes from TradingView, which notes that its summary was generated by AI and may contain inaccuracies, so the figures should be checked against the company's original disclosure.

why it matters

Greenbushes is IGO's lithium asset, so a production record matters for the lithium market as well as for the company's valuation. The closure and divestment of Nova change the shape of the business, and investors will need to account for that when comparing future quarterly results. Free cash flow and net cash remain the main markers of IGO's financial position.

market impact

IGO shares: record output and higher EBITDA support interest in the company

tags

instruments

IGOLithium

sources

  1. IGO: Record Greenbushes output and Nova’s final quarter supported $176.1M underlying EBITDA — TradingView, 28 October 2026 at 23:00 UTC

prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.

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