Acquisition of Western Areas Limited
Greenbushes
World's largest (by production), highest grade and lowest cost hard rock lithium asset
Greenbushes Overview
IGO has a 24.99% interest in the world's largest and lowest cost producer of
high quality, chemical grade spodumene concentrate, with expansion
optionality and significant life
Overview:
Located 240km south of Perth, Western Australia
Active lithium mine for 20+ years utilising a local workforce
Large open pit mine with three onsite concentrator facilities to produce
spodumene concentrate (both technical grade and chemical grade for batteries)
Good progress on expansion projects since JV transaction completion:
Chemical Grade Plant 2 (CGP2) commissioning commenced in May 2021 and
ramp up is well progressed
Tailings Retreatment Project (TRP) under construction with commissioning
expected to commence in 3Q22
EPCM contract for CGP3 awarded to Lycopodium
igo
Greenbushes Chemical Grade Plant 2 (CGP2)
Central Lode (100%)²
Ore Reserves
Mineral Resources
Tonnes (Mt)
133.1
178.5
Li₂O grade (%)
2.1%
Li₂O tonnes (Mt)
2.8
2.0%
3.6
TSF1 (100%)²
Tonnes (Mt)
10.1
Li₂O grade (%)
Li₂O tonnes (Mt)
1.4%
18.3
1.3%
0.14
0.23
Ore Reserves
Mineral Resources
1. As per IGO AGM Presentation (ASX: 18 November 2021); 2. Reported on a 100% ownership basis as per IGO Global Lithium JV with Tianqi Announcement (ASX: 9 December 2020)
23View entire presentation