Lithium is not a play thing for a minnow like wr1. One needs a...

Lithium is not a play thing for a minnow like wr1. One needs a huge and strong balance sheet to withstand the crazy volatility or you will go bust.


Lithium will be a rollercoaster for the next 10 years, says IGO boss

Peter Ker

Peter KerResources reporter

Sep 12, 2024 – 1.50pm

IGO chief executive Ivan Vella says extreme volatility in lithium prices will continue for at least a decade as he revealed plans to add copper to the miner’s list of products.

In his first major strategy update since joining the lithium and nickel miner a year ago, Mr Vella said battery materials would continue to be IGO’s focus and government subsidies for critical minerals were not lucrative enough to drive his strategy.