ASX:IGOMetals and Mining
IGO (ASX:IGO) Extends Greenbushes JV: What Does This Mean for Its Lithium-Focused Valuation?
IGO (ASX:IGO) has doubled down on lithium by extending its joint venture at the Greenbushes project, a move that reinforces its long term bet on increased battery mineral demand and sector growth.
See our latest analysis for IGO.
The market seems to be warming back up to that strategy, with a 55.9% 3 month share price return and a 54.9% 1 year total shareholder return, even though the 3 year total shareholder return remains negative. This suggests momentum is rebuilding from a lower base.
If...