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Iluka Resources Limited
(Sydney:ILU)
Iluka Resources Limited (ILU) vs. iShares MSCI Australia ETF (EWA)
Iluka Resources Limited Business Overview & Revenue Model
Iluka Resources Limited Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 1.17B | 1.29B | 1.61B | 1.56B | 990.00M |
| Gross Profit | 754.40M | 791.60M | 968.80M | 920.20M | 635.10M |
| EBITDA | 503.50M | 647.10M | 867.00M | 682.40M | 390.10M |
| Net Income | 231.30M | 342.60M | 584.50M | 365.80M | 2.41B |
Balance Sheet | |||||
| Total Assets | 3.74B | 3.33B | 3.20B | 2.80B | 2.53B |
| Cash, Cash Equivalents and Short-Term Investments | 136.00M | 364.90M | 521.70M | 294.80M | 87.10M |
| Total Debt | 291.30M | 163.70M | 62.50M | 35.90M | 60.20M |
| Total Liabilities | 1.38B | 1.17B | 1.30B | 1.21B | 1.23B |
| Stockholders Equity | 2.36B | 2.16B | 1.89B | 1.59B | 1.29B |
Cash Flow | |||||
| Free Cash Flow | -310.60M | -191.80M | 484.60M | 316.10M | 40.50M |
| Operating Cash Flow | 154.10M | 89.60M | 637.20M | 369.70M | 111.70M |
| Investing Cash Flow | -402.90M | -240.80M | -172.50M | -51.70M | -66.10M |
| Financing Cash Flow | 52.60M | -5.40M | -134.10M | -112.90M | -51.30M |
Iluka Resources Limited Technical Analysis
Iluka Resources Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | $2.10B | 9.03 | 10.39% | 1.64% | -9.35% | -32.77% | |
58 Neutral | kr30.15B | -5.32 | -5.02% | 6.03% | 6.97% | 5.26% | |
| ― | $1.31B | ― | -54.57% | ― | ― | ― | |
48 Neutral | AU$391.03M | ― | -15.51% | ― | ― | -129.85% | |
45 Neutral | AU$994.88M | ― | -20.07% | ― | 173.87% | -27.93% | |
42 Neutral | AU$106.32M | ― | -5.22% | ― | ― | ― | |
38 Underperform | AU$1.59B | ― | -38.95% | ― | ― | -16.77% |
Iluka Resources Limited Corporate Events
Iluka Resources Limited has experienced a change in the interests of a substantial holder, with State Street Corporation and its subsidiaries adjusting their voting power in the company. This change in voting power may impact the company’s governance and decision-making processes, as State Street Corporation holds significant influence over the voting shares.
The most recent analyst rating on (AU:ILU) stock is a Hold with a A$6.75 price target. To see the full list of analyst forecasts on Iluka Resources Limited stock, see the AU:ILU Stock Forecast page.
Iluka Resources Limited has announced a change in the interests of a substantial holder, with State Street Corporation and its subsidiaries holding significant voting power in the company. This change reflects the ongoing adjustments in the company’s shareholder structure, potentially impacting its governance and strategic decisions.
The most recent analyst rating on (AU:ILU) stock is a Buy with a A$4.65 price target. To see the full list of analyst forecasts on Iluka Resources Limited stock, see the AU:ILU Stock Forecast page.
Iluka Resources Limited has experienced a change in the interests of a substantial holder, Mitsubishi UFJ Financial Group, Inc., which now holds a significant number of fully paid ordinary shares in the company. This change in shareholding reflects a shift in voting power, potentially impacting the company’s governance and strategic decisions. The adjustment in Mitsubishi UFJ Financial Group’s stake could influence Iluka’s market positioning and stakeholder dynamics, given the substantial voting power held by the financial group.
The most recent analyst rating on (AU:ILU) stock is a Buy with a A$4.65 price target. To see the full list of analyst forecasts on Iluka Resources Limited stock, see the AU:ILU Stock Forecast page.
Iluka Resources Limited has announced a change in the director’s interest notice for Thomas O’Leary, indicating no change in the number of securities held indirectly through a share plan trust and a family trust. Additionally, the company detailed the issuance of performance rights under its executive and long-term incentive plans, with a significant number of rights approved at the 2025 AGM, reflecting ongoing commitments to its executive compensation strategy.
The most recent analyst rating on (AU:ILU) stock is a Buy with a A$4.65 price target. To see the full list of analyst forecasts on Iluka Resources Limited stock, see the AU:ILU Stock Forecast page.
Iluka Resources Limited announced the cessation of certain securities due to the lapse of conditional rights, as the conditions were not met or became incapable of being satisfied. This announcement may impact the company’s capital structure and could have implications for stakeholders regarding the company’s operational and financial strategies.
The most recent analyst rating on (AU:ILU) stock is a Buy with a A$4.65 price target. To see the full list of analyst forecasts on Iluka Resources Limited stock, see the AU:ILU Stock Forecast page.
Iluka Resources Limited has announced a change in the substantial holding of its voting shares. The notice indicates that First Sentier Investors and its associates have adjusted their interests in Iluka’s securities, which may impact the company’s shareholder dynamics and influence its market strategy.
The most recent analyst rating on (AU:ILU) stock is a Buy with a A$4.65 price target. To see the full list of analyst forecasts on Iluka Resources Limited stock, see the AU:ILU Stock Forecast page.
Iluka Resources Limited has announced the issuance of unquoted equity securities as part of an employee incentive scheme. This move reflects the company’s strategy to align employee interests with its operational goals, potentially enhancing workforce motivation and retention. The issuance of these securities is not intended for public trading on the ASX, indicating a focus on internal stakeholder engagement.
The most recent analyst rating on (AU:ILU) stock is a Buy with a A$4.65 price target. To see the full list of analyst forecasts on Iluka Resources Limited stock, see the AU:ILU Stock Forecast page.
Iluka Resources Limited has experienced a change in the substantial holding of its shares, with Mitsubishi UFJ Financial Group, Inc. now holding a significant number of fully paid ordinary shares. This change in shareholding reflects a shift in voting power within the company, potentially impacting its governance and strategic decision-making processes, as Mitsubishi UFJ Financial Group, Inc. has increased its influence over the company.
The most recent analyst rating on (AU:ILU) stock is a Buy with a A$4.65 price target. To see the full list of analyst forecasts on Iluka Resources Limited stock, see the AU:ILU Stock Forecast page.
Iluka Resources Limited has announced a change in the interests of a substantial holder, First Sentier Investors, which now holds a significant voting power in the company. This change reflects the strategic movements within the company’s shareholder base, potentially impacting its governance and decision-making processes. The adjustment in voting power may influence the company’s future direction and stakeholder engagement, as substantial holders often play a crucial role in shaping corporate strategies.
The most recent analyst rating on (AU:ILU) stock is a Hold with a A$4.45 price target. To see the full list of analyst forecasts on Iluka Resources Limited stock, see the AU:ILU Stock Forecast page.
Mitsubishi UFJ Financial Group, Inc. has become a substantial holder in Iluka Resources Limited, acquiring a significant voting power of 5.10% through various securities. This development highlights Mitsubishi UFJ’s strategic interest in Iluka Resources, potentially influencing the company’s future decisions and market positioning.
The most recent analyst rating on (AU:ILU) stock is a Buy with a A$4.65 price target. To see the full list of analyst forecasts on Iluka Resources Limited stock, see the AU:ILU Stock Forecast page.
Iluka Resources Limited has announced a significant change in its shareholder structure, with First Sentier Investors Holdings Pty Limited and its subsidiaries, under the ultimate parent Mitsubishi UFJ Financial Group, Inc., becoming substantial holders. This development indicates a shift in the control dynamics of the company’s voting power, potentially impacting its strategic decisions and market positioning.
The most recent analyst rating on (AU:ILU) stock is a Buy with a A$4.65 price target. To see the full list of analyst forecasts on Iluka Resources Limited stock, see the AU:ILU Stock Forecast page.
Mitsubishi UFJ Financial Group, Inc. has ceased to be a substantial holder in Iluka Resources Limited as of June 19, 2025. This change in substantial holding reflects a series of transactions involving the purchase of securities by an entity controlled by Morgan Stanley, impacting the voting securities of Iluka Resources Limited.
The most recent analyst rating on (AU:ILU) stock is a Buy with a A$4.65 price target. To see the full list of analyst forecasts on Iluka Resources Limited stock, see the AU:ILU Stock Forecast page.
Mitsubishi UFJ Financial Group, Inc. has acquired a substantial holding in Iluka Resources Limited, a company involved in the mining and production of mineral sands. This acquisition gives Mitsubishi UFJ Financial Group a 5.23% voting power in Iluka Resources, indicating a significant stake that could influence the company’s strategic decisions and operations.
The most recent analyst rating on (AU:ILU) stock is a Buy with a A$4.65 price target. To see the full list of analyst forecasts on Iluka Resources Limited stock, see the AU:ILU Stock Forecast page.
Iluka Resources Limited has announced that First Sentier Investors Holdings Pty Limited, along with its related entities, has become a substantial holder of the company’s shares as of June 12, 2025. This development indicates that First Sentier, indirectly owned by Mitsubishi UFJ Financial Group, now holds significant voting power and control over the exercise of rights attached to these securities, potentially influencing Iluka’s strategic decisions and market positioning.
The most recent analyst rating on (AU:ILU) stock is a Buy with a A$4.65 price target. To see the full list of analyst forecasts on Iluka Resources Limited stock, see the AU:ILU Stock Forecast page.
Iluka Resources Limited has announced that Mitsubishi UFJ Financial Group, Inc. has ceased to be a substantial holder in the company. This change in substantial holding is due to the purchase of securities by an entity controlled by Morgan Stanley, which affected the voting securities held by Mitsubishi UFJ Financial Group, Inc. This development may impact the company’s shareholder structure and influence its future strategic decisions.
The most recent analyst rating on (AU:ILU) stock is a Buy with a A$4.65 price target. To see the full list of analyst forecasts on Iluka Resources Limited stock, see the AU:ILU Stock Forecast page.
UBS Group AG and its related bodies corporate have become a substantial holder in Iluka Resources Limited as of June 11, 2025, with a voting power of 5.86%. This development reflects UBS Group AG’s significant stake in Iluka Resources, potentially influencing the company’s strategic decisions and impacting stakeholders, including investors and market analysts, by highlighting increased institutional interest in the company.
The most recent analyst rating on (AU:ILU) stock is a Buy with a A$4.65 price target. To see the full list of analyst forecasts on Iluka Resources Limited stock, see the AU:ILU Stock Forecast page.
Iluka Resources Limited has announced that Mitsubishi UFJ Financial Group, Inc. has become a substantial holder in the company as of June 5, 2025. Mitsubishi UFJ Financial Group, Inc. holds a significant voting power of 5.83% through various relevant interests in securities, indicating a notable shift in shareholder dynamics that could impact Iluka’s strategic decisions and stakeholder interests.
The most recent analyst rating on (AU:ILU) stock is a Buy with a A$4.65 price target. To see the full list of analyst forecasts on Iluka Resources Limited stock, see the AU:ILU Stock Forecast page.
Iluka Resources Limited has announced that Perpetual Limited and its related bodies corporate have ceased to be substantial holders in the company as of June 3, 2025. This change in substantial holding may impact Iluka’s shareholder composition and could influence the company’s market dynamics and stakeholder relationships.
The most recent analyst rating on (AU:ILU) stock is a Buy with a A$4.65 price target. To see the full list of analyst forecasts on Iluka Resources Limited stock, see the AU:ILU Stock Forecast page.
Iluka Resources Limited, a company involved in the mining and resources sector, has experienced a change in its substantial holders. Mitsubishi UFJ Financial Group, Inc. has ceased to be a substantial holder in the company, following a series of transactions involving the purchase of securities by an entity controlled by Morgan Stanley. This change could impact Iluka Resources’ shareholder composition and influence its market positioning.
The most recent analyst rating on (AU:ILU) stock is a Hold with a A$6.70 price target. To see the full list of analyst forecasts on Iluka Resources Limited stock, see the AU:ILU Stock Forecast page.
Iluka Resources Limited has announced a change in its substantial holders, with First Sentier Investors and its associated entities ceasing to be substantial holders as of June 2, 2025. This change in substantial holding may impact the company’s voting securities and could have implications for its governance and strategic decisions.
The most recent analyst rating on (AU:ILU) stock is a Buy with a A$4.65 price target. To see the full list of analyst forecasts on Iluka Resources Limited stock, see the AU:ILU Stock Forecast page.
Iluka Resources Limited has announced a change in the interests of its substantial holder, Yarra Capital Management Limited, along with several associated entities. The notice indicates a decrease in voting power from 8.57% to 7.33%, reflecting a reduction in the number of ordinary fully paid shares held by these entities. This change could impact the company’s shareholder dynamics and influence within the market.
The most recent analyst rating on (AU:ILU) stock is a Buy with a A$4.65 price target. To see the full list of analyst forecasts on Iluka Resources Limited stock, see the AU:ILU Stock Forecast page.
Mitsubishi UFJ Financial Group, Inc. has become a substantial holder in Iluka Resources Limited, acquiring significant voting power through its interests in Morgan Stanley and First Sentier Investors Holdings Pty Limited. This development indicates a strategic move by Mitsubishi UFJ Financial Group to strengthen its influence in Iluka Resources, potentially impacting the company’s governance and decision-making processes.
The most recent analyst rating on (AU:ILU) stock is a Hold with a A$6.70 price target. To see the full list of analyst forecasts on Iluka Resources Limited stock, see the AU:ILU Stock Forecast page.
First Sentier Investors Holdings Pty Limited, a subsidiary of Mitsubishi UFJ Financial Group Inc., has become a substantial holder in Iluka Resources Ltd, acquiring a significant voting power in the company. This development indicates a strategic investment move by Mitsubishi UFJ Financial Group, potentially impacting Iluka Resources’ market positioning and shareholder dynamics.
The most recent analyst rating on (AU:ILU) stock is a Hold with a A$6.70 price target. To see the full list of analyst forecasts on Iluka Resources Limited stock, see the AU:ILU Stock Forecast page.
Iluka Resources Limited has announced a change in the interests of a substantial holder, with State Street Corporation and its subsidiaries involved in the transaction. This change reflects adjustments in voting power and relevant interests in the company’s securities, which could influence the company’s governance and decision-making processes.
The most recent analyst rating on (AU:ILU) stock is a Hold with a A$6.70 price target. To see the full list of analyst forecasts on Iluka Resources Limited stock, see the AU:ILU Stock Forecast page.
Iluka Resources Limited has experienced a change in the interests of a substantial holder, Vanguard Group. As of May 13, 2025, Vanguard Group increased its voting power from 5.008% to 6.046%, indicating a significant shift in its investment position within the company. This change reflects Vanguard Group’s growing influence and potential strategic interest in Iluka Resources, which could impact the company’s future operations and market strategy.
The most recent analyst rating on (AU:ILU) stock is a Hold with a A$6.70 price target. To see the full list of analyst forecasts on Iluka Resources Limited stock, see the AU:ILU Stock Forecast page.
Iluka Resources Limited has announced a change in the director’s interest, specifically for Peter Andrew Smith, who has increased his indirect interest in the company by acquiring additional ordinary shares. This change reflects an on-market trade, resulting in a total holding of 29,280 ordinary shares. This acquisition may indicate confidence in the company’s future performance and could impact stakeholders’ perception of the company’s market positioning.
The most recent analyst rating on (AU:ILU) stock is a Hold with a A$6.70 price target. To see the full list of analyst forecasts on Iluka Resources Limited stock, see the AU:ILU Stock Forecast page.
Iluka Resources Limited has announced a change in the interests of a substantial holder, with State Street Bank and Trust Company and its affiliates being involved in securities lending agreements. This update reflects a shift in voting power and relevant interests, potentially impacting the company’s governance and stakeholder dynamics.
The most recent analyst rating on (AU:ILU) stock is a Hold with a A$6.70 price target. To see the full list of analyst forecasts on Iluka Resources Limited stock, see the AU:ILU Stock Forecast page.
Iluka Resources Limited announced the cessation of certain securities due to the lapse of conditional rights that could not be satisfied. This development may affect the company’s capital structure and could have implications for stakeholders, reflecting challenges in meeting the conditions tied to these securities.
Iluka Resources Limited has announced the issuance of 7,121 unquoted equity securities, marking a strategic move in its financial operations. This issuance could potentially impact the company’s market positioning by enhancing its capital structure, thereby influencing stakeholder interests and future growth opportunities.
Iluka Resources Limited announced the issuance of 1,356,070 unquoted securities under an employee incentive scheme, which are not intended for public trading on the ASX. This move is part of the company’s strategy to incentivize and retain talent, potentially impacting its operational efficiencies and aligning employee interests with company performance.
Iluka Resources Limited announced a change in the director’s interest, with Andrea Jane Sutton acquiring 15,000 ordinary shares through an on-market trade, increasing her total holdings to 47,000 shares. This acquisition reflects a significant personal investment by a key company figure, potentially indicating confidence in the company’s future performance and stability, which could positively influence stakeholder perceptions.
Iluka Resources Limited has announced the appointment of James Alexander Mactier as a director, effective from May 5, 2025. This appointment is significant as it reflects the company’s ongoing efforts to strengthen its leadership team, potentially impacting its strategic direction and stakeholder relations. Mactier holds 50,000 ordinary shares through a superannuation fund, indicating his vested interest in the company’s future performance.
Iluka Resources Limited, a company listed on the Australian Securities Exchange, has issued a news release containing forward-looking statements. These statements reflect the company’s current expectations but come with risks and uncertainties that could lead to different actual outcomes. The release highlights potential impacts on Iluka’s operations, including changes in exchange rates, labor costs, and regulatory policies, which could affect the company’s project timelines and production schedules.
Iluka Resources Limited announced the results of its 2025 Annual General Meeting, where all resolutions were passed. Key resolutions included the election and re-election of directors and the approval of short and long-term incentive plans for the Managing Director, indicating strong shareholder support for the company’s leadership and strategic direction.
Iluka Resources Limited held its 70th Annual General Meeting, highlighting significant transitions within the company, including the commissioning of a new mine at Balranald and the development of a rare earths business. Despite macroeconomic uncertainties, Iluka achieved a 42% margin across its product suite, funded its development pipeline without high gearing, and declared a dividend, showcasing its strategic resilience and commitment to sustainable value creation for shareholders.
Iluka Resources Limited has entered into a consortium with RareX Limited to apply for the Mrima Hill project in Kenya, which is rich in rare earths, niobium, phosphate, and manganese. The consortium aims to establish a Special Purpose Vehicle (SPV) to lead the project’s de-risking and development, with RareX focusing on socio-environmental and technical aspects. If successful, Iluka will hold a 25% stake in the SPV and secure offtake agreements for rare earths to supply its Eneabba refinery in Australia. The consortium’s proposal includes support from technical and financial partners, with an emphasis on skill transfer to local Kenyans, highlighting the project’s potential impact on both companies’ operations and the local economy.
Iluka Resources Limited reported a productive first quarter in 2025, with a total production of 131kt of zircon, rutile, and synthetic rutile. The company saw a significant increase in zircon sand sales, up 116% from the previous quarter. Construction at the Balranald project is progressing well, with commissioning expected in the second half of 2025. Additionally, the Eneabba rare earths refinery has reached a capital expenditure of $408 million, with major equipment packages awarded and ongoing concrete works. These developments indicate Iluka’s strategic focus on expanding its production capabilities and strengthening its market position in the mineral sands and rare earths sectors.
Iluka Resources Limited has announced the appointment of James Mactier as the new independent non-executive director and Chair, effective May 5, 2025. Mactier brings extensive experience from his tenure at Macquarie and other industry roles, which is expected to bolster Iluka’s strategic initiatives, particularly in navigating the evolving macroeconomic environment and advancing capital projects at Balranald and Eneabba. This leadership change is anticipated to strengthen Iluka’s position in the mineral sands and rare earths markets, potentially benefiting shareholders and stakeholders.