IGO Limited (IGO) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you for standing by and welcome to the IDO Limited First Quarter FY26 results call. All participants are in a listen-only mode. There will be a presentation followed by a question and answer session. If you wish to ask a question, you'll need to press the star key followed by the number one on your telephone keypad. I would now like to hand the conference over to Mr Ivan Vela, Managing Director and CEO. Please go ahead. Thanks, Darcy. Good morning, everyone. Thanks for joining and thanks for those accommodating our time change. We just wanted to avoid a clash. I'm sure you've all got a busy morning of calls lined up. Kath's with me again this morning, our CFO. She'll cover some of the financials. I'll jump in and run through a bit of a summary and then we can get into some Q&A. First of all, on safety, look, we signposted last quarter that The results of the hard work we did through 2024 are starting to flow through and we saw that again through the last quarter. We're delighted to see a period of over 90 days without an injury and that for IGO is a record as far as I can see back in the history and an indication of that steady improvement in the way that we're managing safety and the maturity for our operations. The trip has started to trend down which we'd expect and that should continue as we keep the focus up. Still lots to do. There's no question you don't turn safety around and build a strong, mature set of systems and culture overnight but I'm pleased to see that steady progress. In terms of the operations, I'll start on greenbushes and what's very clear obviously is the production was well down from prior quarters and that was a function predominantly of grade and you'll see that in the fine details in the quarterly report. It was quite a step down from...