Nova Concludes Mining, Beats Production and Cost Guidance

• Nova mining concluded with 7% higher nickel production than top guidance
• Copper and cobalt production also exceeded revised guidance
• Cash costs were 8% lower than the lower end of updated guidance

IGO Limited (ASX: IGO) has successfully concluded mining and processing at the Nova Nickel Operation, surpassing its life of mine (LOM) guidance for nickel, copper, and cobalt production. Nickel production reached 21,340t, 7% above the top end of guidance, while cash costs were 8% below the lower end of updated LOM guidance at A$3.90/lb of payable nickel. Copper and cobalt production also exceeded revised guidance. IGO expects to complete the divestment of Nova to Global Lithium Resources Limited in the coming weeks.

Nickel production 21,340t, 7% above top guidance; cash costs A$3.90/lb, 8% below lower end

IGO expects to complete the divestment of Nova to Global Lithium Resources Limited in the coming weeks.