Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
Gate MCP
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
GateRouter
Smartly choose from 30+ AI models, with 0% extra fees
IGO lowers spodumene concentrate production guidance for fiscal year 2026
IGO quarterly financial report shows that from January to March 2026, the Greenbushes spodumene mine produced 351k tons, roughly the same as the previous quarter; sales were 349k tons, higher than the 328k tons in the previous quarter, with one batch delayed to April due to port congestion. The average selling price of spodumene concentrate for the quarter was $1,668 per ton.
Meanwhile, IGO has lowered its full-year spodumene concentrate production guidance for fiscal year 2026, from the originally expected 1.50–1.60 million tons to 1.375–351k tons.
Due to the decrease in production leading to increased fixed cost allocation, the unit cash cost is expected to rise by approximately 20%. (SMM)