IGO Limited - Australian Company Profile

What does IGO Limited do?

IGO is a Public Company that generates the majority of its income from the Nickel Ore Mining industry.

In 2024 the company generated total revenue of $833,400,000 including sales and other revenue. In 2024 IGO had 662 employees including employees from all subsidiaries under the company's control.

The Chief Executive of IGO is Mr Ivan Vella whose official title is Managing Director & Chief Executive Officer. The Chairman of IGO is Mr Michael Nossal whose official title is Non-Executive Chairman.

IGO Limited (formerly Independence Group) predominantly operates in Western Australia but has expanded into a project in the Northern Territory, and divides its projects into exploration and mining operations. The company's current operations include: Nova Project - Involves production of nickel, copper and cobalt concentrates in the Fraser Ranges. Forrestania Operation - In 2022, the Forrestania Operation was acquired by IGO as part of the acquisition of Western Areas. Cosmos Project - In 2022, the Cosmos Project was acquired by IGO as part of the acquisition of Western Areas. IGO is currently developing the Odysseus Underground Mine at the Cosmos Project. Lithium Joint Venture - In 2021, Tianqi Lithium Corporation (51%) and IGO Limited (49%) incorporated a new Joint Venture (JV), with a focus on developing and operating world class lithium assets. Downstream Processing - IGO Limited, in conjunction with metals and mining business Wyloo Metals (Wyloo), is exploring the development of a project to produce cathode precursor for the lithium-ion battery industry.

Enterprise Profiles - table of contents

Enterprise Details

Get a high-level overview of IGO Limited, including registered business details, an enterprise synopsis, SWOT analysis and main brands and products.

Key Personnel

We outline the key personnel at IGO Limited by position type and title.

Enterprise Financials

Get a full view of IGO Limited’s financials, including Profit and Loss Account (Revenue, Interest, Profit and Loss, and Audit Fees) and Balance Sheet (Current Assets, Non-Current Assets, Current Liabilities, Non-Current Liabilities, Shareholders’ Equity), as well as Number of Employees, Number of Share on Issue, Market Capitalisation and Earnings per Share where available. Note: we do not provide a full financial details for all company profiles.

Growth & Ratios

Get a clearer picture of IGO Limited’s performance, with key financial ratios and data on financial growth.

Operating Segments

Understand the main operating divisions of IGO Limited, including Revenue and Assets under each Segment, Industries and Geographic Locations IGO Limited operates in.

Competitor Benchmarking

Compare IGO Limited’s financial ratios and growth to peers in their industries of operation for a clearer picture of performance.

Industries of Operation

Get an overview of the industries that BHP Group Limited operates in, including market share breakdowns and key industry insights.

Major Shareholders

We outline the ultimate parent and largest shareholders of IGO Limited.

Subsidiaries

View a list of IGO Limited’s associated companies, holding company, joint ventures and trusts, both domestic and international.

History

Find out more about the history and background of IGO Limited, including founding information, past announcements, mergers and major projects.