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IGO prepares monster lithium play, bankers line up capital – afr.com

Battery mineral play IGO Ltd is in late stage talks to acquire a large stake in the Greenbushes lithium mine in Western Australia.

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Battery mineral play IGO Ltd is in late stage talks to acquire a large stake in the Greenbushes lithium mine in Western Australia.
It is understood IGO Ltd is considering a $2 billion-odd deal which would see it pick up a 25 per cent-odd stake in Greenbushes, which is owned by Chinas Tianqi Lithium Corporation.
The Greenbushes lithium mine in Western Australia is the world’s biggest and highest grade hard rock lithium mine. Supplied
IGO’s believed to have just about agreed the M&A transaction and…

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