IGO’s Greenbushes and Nova Operations Beat Expectations in 1Q
RBC Capital Markets analyst James Redfern says IGO’s underlying EBITDA was 28% above consensus and Greenbushes production was roughly 15% above market expectations, setting a quarterly record.
IGO posts a solid 1Q result on positive surprises at the Greenbushes and Nova operations, RBC Capital Markets analyst James Redfern says in a note. Underlying Ebitda is 28% above consensus, with the Greenbushes production result--a quarterly record--roughly 15% higher than market expectations, says…