IGO says criticism unfair after talk of ‘incredibly opportunistic’ deal
Brad ThompsonReporter
West Australian lithium and nickel miner IGO has said criticism of the relationship with its Chinese partner Tianqi is unfair, after Tianqi ordered a huge shipment of lithium this week at a “favourable” price.
Australia’s biggest and most lucrative lithium mine would operate at full capacity for the rest of this year, IGO revealed, after a deal to sell Tianqi an additional 200,000 tonnes of spodumene concentrate from WA’s Greenbushes on favourable payment terms amid a rise in prices for the battery metal.
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