Yarra Capital Management Reduces Stake in Iluka Resources

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Yarra Capital Management Reduces Stake in Iluka Resources

The latest announcement is out from Iluka Resources Limited ( (AU:ILU) ).

Yarra Capital Management Limited and its associates have reduced their voting power in Iluka Resources Limited from 9.86% to 8.57%. This change reflects a disposal of shares amounting to 5,546,673 votes, which may impact the company’s shareholder composition and influence in decision-making processes.

More about Iluka Resources Limited

Iluka Resources Limited is a company operating in the resources sector, primarily focusing on the exploration, project development, operations, and marketing of mineral sands. The company is known for its production of zircon and titanium dioxide products, which are used in various industrial applications.

YTD Price Performance: -13.92%

Average Trading Volume: 3,137

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $1.13B

See more insights into ILU stock on TipRanks’ Stock Analysis page.

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