Iluka Resources Limited ( (ILKAF) ) has released its Q2 earnings. Here is a breakdown of the information Iluka Resources Limited presented to its investors.
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Iluka Resources Limited is a leading Australian company specializing in the exploration, mining, processing, and marketing of mineral sands and rare earths, with a significant stake in Deterra Royalties Limited. In its latest interim earnings report for the half-year ending June 30, 2025, Iluka Resources reported a decrease in revenue and profit, with revenue from ordinary activities down by 8% to $577.8 million and net profit after tax declining by 31% to $92 million. The company declared an interim dividend of 2 cents per share, reflecting a reduction from the previous year’s interim dividend. Key financial metrics revealed a challenging period for Iluka, with a significant free cash outflow of $361 million, leading to an increase in net debt to $502 million. Despite these challenges, the company maintained a robust EBITDA margin of 39%, supported by cost control measures and increased zircon sales volumes. Looking ahead, Iluka Resources remains focused on its strategic projects, including the development of the Eneabba Rare Earths Refinery and the Balranald mining project, which are expected to drive future growth and strengthen its position in the mineral sands and rare earths markets.