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Iluka Resources Limited ( (AU:ILU) ) just unveiled an update.
Iluka Resources Limited reported a strong performance in 2024, with production of zircon, rutile, and synthetic rutile exceeding initial guidance due to enhanced kiln performance. Despite a slight decline in zircon prices, the company maintained its position by optimizing production costs and securing funding for its Eneabba rare earths refinery. The ongoing development of the Balranald project and strategic cost reductions point towards a focus on operational efficiency and growth.
More about Iluka Resources Limited
Iluka Resources Limited is a company in the mineral sands industry, primarily producing zircon, rutile, and synthetic rutile. The company has a significant market focus on these mineral sands and is also involved in the development of rare earths projects.
YTD Price Performance: -0.30%
Average Trading Volume: 915
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.42B
See more data about ILU stock on TipRanks’ Stock Analysis page.
