July 17 (Reuters) - Australian battery minerals producer IGO (IGO) on Monday said it expects to post a non-cash, pre-tax impairment expense of between A$880 million ($601.30 million) and A$980 million for fiscal 2023.
The impairment comes after the nickel-lithium miner reviewed its assets acquired from its buyout of nickel producer Western Areas in 2022.
($1 = 1.4635 Australian dollars)
News: IGO Australian lithium miner IGO sees impairment expenses for fiscal 2023
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