IGO (ASX: IGO) intersects massive sulphide mineralisation at Dogleg Prospect

Wed 11 Oct 23, 01:51 PM | Team Kalkine

Image source: shutterstock.com

Highlights

IGO is focused on exploration, production, and development of nickel, lithium, copper, gold, and other products critical to clean energy

In FY23, the company achieved 177.1% YoY growth in underlying EBITDA

Investment Management (Australia) Limited has nearly 8.72% shareholding in IGO, making it the top shareholder of the company

IGO Limited (ASX: IGO) is an ASX-listed materials company engaged in discovering, developing and delivering clean energy materials such as nickel, copper, lithium and cobalt.

The company delivered significant growth in its earnings in the financial year 2023 (FY23), I Its trading revenue increased by 13.4% YoY to AUD 1.024 million, underlying EBITDA grew by 177.1% YoY to AUD 1,987 million, and NPAT surged by 66% YoY to AUD 549 million.

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