IGO, a leading Australian mining company, has reported an increase in its Total Recordable Injury Frequency Rate (TRIFR) for the quarter ending September 2026. The company’s 12-month TRIFR rose from 3.7 to 4.0, reflecting two recordable injuries in September and a reduction in exposure hours as operations at Nova ramp down towards closure. Despite this, the longer-term trend remains positive, with Group TRIFR down 50% from 8.0 in September 2025.
Material Actions and Disclosures
At IGO’s non-operated sites, Greenbushes’ 12-month TRIFR increased to 9.7, while at Kwinana the 12-month TRIFR remained elevated at 12.7. The Talison team is focused on delivering a structured Safety Improvement Program and increasing the level of field interactions to address these issues.
IGO’s quarterly report also highlighted the strong performance of its Greenbushes Lithium Mine, which delivered record quarterly production of 435kt, up 12% quarter on quarter, driving 7% lower cash costs of $418/t. The company’s Greenbushes operation saw a significant improvement in processing performance, benefiting from higher feed grade and improved recoveries.
Looking ahead, IGO remains focused on building a globally relevant copper and lithium business that supports the global energy transition. The company is pursuing growth through disciplined exploration, leveraging its proprietary BioHeap™ technology, and disciplined M&A in copper and lithium.
IGO’s financial summary for the quarter showed a 12% increase in group sales revenue, primarily due to higher nickel sales volumes, offset by lower realised nickel prices and lower copper sales. The company’s underlying EBITDA increased to $176.1M, reflecting the strong EBITDA contribution from Nova.