05
May
03:30
IGO achieves record quarterly profit in March quarter
Australian miner IGO achieved record quarterly net profit of AUD 412 million ($276.37m) in its third financial quarter ended 31 March 2023, Kallanish notes.
The net profit was up 22% on-quarter, primarily due to the higher earnings contribution from Tianqi Lithium Energy Australia (TLEA).
The group’s sales revenue of AUD 235.7m, however, was 7% lower on-quarter, driven primarily by lower sales volumes at the Forrestania nickel project as a result of low tru…
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Anonymous
Very good overview of the weekly steel market.
Anonymous