Acquisition of Western Areas Limited slide image

Acquisition of Western Areas Limited

Kwinana Refinery Downstream processing facility to produce battery grade lithium hydroxide Kwinana Refinery Overview IGO has a 49% interest in Australia's first fully automated refinery for the production of world-class battery grade lithium hydroxide, operated alongside Tianqi Lithium (production capacity of 48ktpa lithium hydroxide by 20241) Overview: Located in the Kwinana Industrial area, south of Perth Fully automated processing facility converting Greenbushes spodumene concentrate into LiOH Existing offtake contracts with South Korean and European battery makers IGO:49% indirect interest Commissioning of Train 1 progressing to plan: First lithium hydroxide produced from Train 1 during August 2021 Process commissioning progressing from batch to continuous basis; battery grade product expected by March 2022 Recommencement of Train 2 construction expected during CY22 1. On a 100% basis post commissioning of Train 2. Kwinana Lithium Hydroxide Refinery igo 24
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