Kwinana Writedown & Greenbushes Outlook
IGO Ltd’s (ASX: IGO) share price took a heavy hit this week after the company revealed a major writedown on its Kwinana lithium hydroxide refinery. The company’s lithium hydroxide plant at Kwinana, once hailed as a cornerstone of Australia’s battery materials push, has been hit with a massive writedown. The news triggered a sharp sell-off, wiping hundreds of millions from IGO’s market value in a single day and raising uncomfortable questions about its downstream strategy. Is this a short-term stumble or a sign that the lithium juice is running dry?
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IGO in Focus: From Nickel to Lithium Powerhouse
IGO’s journey over the past decade has been one of…
