Slide 1: FY24 Results Presentation
FY24 Results Presentation IGO Limited 29 August 2024 IGO LIMITED IGO| ASX:IGO LIMITED
Slide 2: FY24 Highlights
FY24 Highlights Steady performance as we prepare the business for its next chapter Reduced our TRIFR to 10.4 (down 35% YoY) Safety Clear focus to maintain this momentum into FY25 Strong production performance of 1.38Mt within guidance Greenbushes Low-cost position reflected in FY24 EBITDA ma
Slide 3: FY24 Financial Results
FY24 Financial Results Balance sheet position supported by strong operational free cash flow and TLEA dividends Units FY24 FY23 YoY Revenue A$M 841 1,024 ▼18% Share of Net Profit of TLEA A$M 553 1,604 ▼66% Underlying NPAT A$M 319 1,528 ▼79% Net Profit After Tax A$M 3 549 ▼99% Underlying EBITDA1 A$M
Slide 4: Shareholder Returns
Shareholder Returns FY24 Dividend in line with our capital management framework Final FY24 Dividend 26 cents per share (fully franked) Total dividends declared with respect of FY24: $280M IGO Limited | FY24 Results Page 4
Slide 5: Strategy
Strategy Our plan to 2035 Our purpose and focus on metals critical to the clean energy transition remains relevant, engaging and poised to generate value We see value in upstream mining, where we expect to generate most value through the cycle through a disciplined focus on low-cost assets We will c
Slide 6: Preparing for the next phase
Preparing for the next phase What we’ve done to set us up for success Enhanced safety performance TRIFR rates have reduced from 16.0 to 10.4 (35% improvement) Reset our exploration business Comprehensive review, rationalised portfolio, new operating model Reshaped our corporate team Implemented new
Slide 7: Next steps
Next steps Our focus for FY25 Maintain the momentum we have to improve safety performance Continue to support our partners to drive optimal value from Greenbushes Work closely with Tianqi on performance improvements at Kwinana Deliver operational excellence at Nova to maximise cash Commence executio
Slide 8: Cautionary Statements & Disclaimer
Cautionary Statements & Disclaimer • This presentation has been prepared by IGO Limited (“IGO”) the necessary infrastructure. Where such a reference is made, • Lithium cash costs reported as COGS (cash costs of goods (ABN 46 092 786 304). It should not be considered as an offer it should be read sub
Slide 9: Making a Difference
Making a We believe in a world where people power makes How? Developments in battery storage technology amazing things happen. are enabling the full potential of renewable energy to be realised, by allowing energy produced from the Where technology opens up new horizons and clean sun, wind and other