Australia’s IGO posts 45% sequential increase in Q3 revenue

IGO operations are in Western Australia. (Image courtesy of IGO.)

Australia’s IGO on Friday posted a 45% sequential rise in third-quarter revenue, driven by higher nickel sales volumes and realized prices.

The miner posted sales revenue of A$119.7 million ($85.37 million) for the quarter, compared with A$82.4 million reported in the second quarter.

($1 = 1.4021 Australian dollars)

(By Nichiket Sunil; Editing by Maju Samuel)

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