IGO is a leading ASX-listed mining and exploration company. Our strategic focus is on high-quality assets of scale and longevity aligned to the structural shift to energy storage. Figure 7 shows the locations of IGO’s operations and projects. The fundamental elements of the mining and exploration process are described on page 30. IGO produces nickel, copper and cobalt from our 100%–owned Nova Operation located approximately 140km north-east of Norseman in Western Australia. IGO’s gold production comes from its 30% interest in the Tropicana Operation, a joint venture with AngloGold Ashanti, which is 70% owner and manager, in Western Australia. During FY18, we transformed our exploration project portfolio with the 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 new 100%-owned Raptor Project and at the Frontier Project in Eastern Greenland. In FY18, IGO completed its divestment of the Stockman Project in Victoria and the Jaguar Operation, located 60km north of Leonora in Western Australia. Both were bought by Round Oak Minerals Pty Limited (formerly CopperChem Pty Limited), a wholly owned subsidiary of Washington H. Soul Pattinson and Company Limited. In FY18, IGO placed the Long Operation into care and maintenance. The current profile of our business structure is presented in Figure 8. The physical inputs and outputs of our business are presented on page 29. OVERVIEW 26 — IGO SUSTAINABILITY REPORT 2018