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Iluka Resources Limited ( (AU:ILU) ) has provided an announcement.
Iluka Resources Limited reported stable market conditions and sound margins in its 2024 full-year results, despite inflationary pressures in Australia. The company maintained operational discipline and progressed its diversification into rare earths, with major projects like Balranald and Eneabba on track for commissioning. The final dividend was declared at 4 cents per share, reflecting a full-year dividend of 8 cents. Iluka’s strategic initiatives, including the expansion of the Australian Government’s loan facility for the Eneabba refinery, are poised to enhance its industry positioning and deliver sustainable value.
More about Iluka Resources Limited
Iluka Resources Limited is a company operating in the mineral sands industry, focusing on the production of zircon and titanium feedstocks. The company is also advancing its rare earths diversification strategy, supported by significant government investment.
YTD Price Performance: -5.77%
Average Trading Volume: 981
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.3B
See more data about ILU stock on TipRanks’ Stock Analysis page.
