IGO suspends annual dividends from Tianqi JV amid market downturn

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IGO suspends annual dividends from Tianqi JV amid market downturn
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Australian lithium miner IGO on Monday said it could not determine when it would pay an annual dividend from its operations with China’s Tianqi Lithium, reflecting the present hardship in the sector while the Kwinana plant continues to ramp up.

IGO held a planned maintenance shutdown in October at Kwinana. The plant will fully realize the improved performance at its lithium hydroxide plant from March, IGO said.

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