Acquisition of Western Areas Limited
Aligned with IGO's strategic focus on clean energy
In the last 12 months, IGO has realigned its portfolio to leverage the clean energy opportunity
TQC
ANGLOGOLDASHANTI
Creasy
Group
WESTERN AREAS LTD
igo
Li
9 December 2020
Agreement with Tianqi Lithium
Au
13 April 2021
Divestment of IGO's 30%
Ni
to acquire a 49% interest in
interest in the Tropicana Gold
Mine to Regis Resources for
A$889M
Cu
27 July 2021
Acquisition of the Silver Knight
nickel-copper-cobalt sulphide
deposit from Creasy Group for
A$45M
Ni
Tianqi Lithium Energy Australia
for A$1.9B
Provided IGO with a world
class lithium portfolio with
scale, quality, life and strong
ESG credentials
25% interest in the
Greenbushes Lithium Mine and
a 49% interest in the Kwinana
Lithium Hydroxide Plant
Completed IGO's
transformation to be 100%
clean energy metals focused
Concluded a highly successful
+20 year partnership with
AngloGold Ashanti
Co
op
•
Entered into a joint venture for
the surrounding tenements with
Creasy Group
Planning underway for further
exploration programs around
Silver Knight
16 December 2021
Board Recommended
transaction for acquisition of
Western Areas for
cash consideration of A$3.36
per WSA share
Provides enlarged IGO with
Cosmos nickel sulphide
development project and
producing Forrestania nickel
operations
Consolidates IGO's position in
the Western Australian nickel
market
Anticipated to enhance future
downstream potential of the
combined Ni portfolio
Tianqi Joint Venture
Tropicana Divestment
Silver Knight Acquisition
Western Areas
Acquisition
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