Acquisition of Western Areas Limited
Combined Portfolio
IGO will have exposure to nickel and lithium production across four clean energy metals operations
Nickel Operations
Lithium Operations
igo
Nova
Greenbushes
163kt (1.8% Ni)
Ore Reserves (24.99%) 6
735kt (2.1% Li₂O)
Mineral Resources (24.99%) 6
936kt (1.9% Li₂O)
268kt Li₂O
Ore Reserves¹
Mineral Resources¹
FY22 Ni Production Guidance²
FY22 Cu Production Guidance²
FY22 Co Production Guidance²
FY22 Cash Cost Guidance2,3
208kt (1.8% Ni)
25-27kt
11-12.5kt
0.9 - 1.1kt
A$2.00 A$2.40/lb Ni
Forrestania
Ore Reserves4
Mineral Resources4
FY22 Ni Production Guidance5
FY22 Cash Cost Guidance5
65kt (2.1% Ni)
285kt (1.6% Ni)
16-17kt
A$4.25 A$4.65/lb Ni
Cosmos
Ore Reserves4
212kt (2.1% Ni)
Mineral Resources4
656kt (1.0% Ni)
Q1FY22 Production (100%)
Kwinana Lithium Hydroxide Refinery
Train 1 commissioning progressing through FY22 with
first battery grade product expected during March
Quarter
Cosmos (Ni)
Kwinana (LiOH)
Nova (Ni-Cu-Co)
Forrestania (Ni)
Greenbushes (Li)
1. Refer to IGO CY20 Mineral Resource and Ore Reserve Statement, released 17 March 2021; 2. Refer to June 2021 Quarterly Activities Report, released 28 July 2021; 3. Per lb of payable nickel; 4. Refer to Western Areas Quarterly Activities Report, released
28 October 2021; 5. Refer to Western Areas Long Term Production Profile & FY22 Guidance Metrics, released 30 June 2021; 6. Refer to IGO Announcement, IGO invests in Global Lithium JV with Tianqi, announced 9 December 2020
17View entire presentation