IGO Interactive Annual Report 2019

THE IGO PURPOSE Making a Difference We believe in a world where people power makes amazing things happen. Where technology opens up new horizons and clean energy makes the planet a better place for every generation to come. Our people are bold, passionate, fearless and fun – we are a smarter, kinder and more innovative Company. Our work is making fundamental changes to the way communities all over the world grow, prosper and stay sustainable. Our teams are finding and producing the specialist metals that will make energy storage mobile, efficient and effective enough to make long-term improvements to the lifestyle of hundreds of millions of people across the globe. How? New battery storage technology is finally unleashing the full potential of renewable energy by allowing power produced from the sun, wind and other sources to be stored and used when and where it’s needed. This technology will impact future generations in ways we cannot yet imagine, improving people’s quality of life and changing the way we live. We believe in a green energy future and by delivering the metals needed for new age batteries, we are making it happen. OUR PURPOSE & STRATEGY Our purpose gives meaning to what we do, beyond just being a mining company. Our purpose narrative gives context to and communicates our story. We are finding and producing the metals that are critical to the development of clean energy solutions. These include nickel, copper and cobalt, which are increasingly being used in batteries that power electric vehicles and provide grid scale energy storage as well as green energy generation such as solar and wind power. Power generated from these greener sources will contribute to decreasing carbon emissions emitted into the air rather than traditional non-renewable energy sources for power. Our purpose was co-created by people from all across the IGO business; from the board room to our operations. Collectively our people told us that making a difference is what they want to do, and why we all want to come to work. Our purpose gives meaning to what we do, beyond just being a mining company. At IGO, we want to make a positive contribution to the world, not only by delivering value to shareholders but also by making the world a better place for future generations to come. IGO STRATEGY Our strategy is to become a globally relevant producer of materials critical to clean energy. Our 100% owned Nova nickel-copper- cobalt operation is central to this strategy. Whilst our 30% interest in the Tropicana Operation is not, Tropicana continues to be core to the portfolio, delivering strong free cash flow and potential for further growth. To deliver on our strategy, we are actively pursuing step-change organic growth through our portfolio of belt scale exploration projects in Australia and internationally. Our diverse in-house team has a wide breadth of experience and expertise firmly aligned with our strategic focus on energy storage and transmission metals. IGO has established a commanding position through our consolidation of an extensive brownfields ground position in the highly prospective Fraser Range, to take advantage of our major infrastructure investment and advancing geological understanding at Nova. Our discovery portfolio also includes belt-scale greenfield opportunities in the Northern Territory at the expanded Lake Mackay Project, the 100% owned Raptor Project, the new West Kimberley Project, as well as the Frontier Project in Eastern Greenland. In addition, we have entered into a number of strategic investments and exploration joint ventures. 6 — IGO ANNUAL REPORT 2019