Iluka Resources Limited (ASX: ILU)

Iluka Resources Limited is an Australia-based critical minerals company. The Company is a producer of zircon and high-grade titanium dioxide feedstocks, rutile and synthetic rutile. Its mining and processing operations are located in South Australia and Western Australia.

Its project suite includes Wimmera, Victoria; Balranald, New South Wales; Atacama, South Australia, and Eneabba, Western Australia. Its segments include Jacinth-Ambrosia/Mid West (JA/MW), Cataby/South West (C/SW), Rare Earths (RE) and United States/Murray Basin (US/MB). JA/MW segment comprises the mining operations at Jacinth-Ambrosia located in South Australia, and associated processing operations at the Narngulu mineral separation plant in mid-west Western Australia.

C/SW segment comprises mining activities at Cataby and processing of ilmenite at Synthetic Rutile Kilns 1 and 2, located in Western Australia. RE segment comprises the Eneabba Rare Earths Refinery that is being constructed in Western Australia.

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REVENUE IN AUD (TTM)

1.29bn

NET INCOME IN AUD

342.60m

Year on year Iluka Resources Ltd’s revenues fell -19.88% from 1.61bn to 1.29bn. This along with an increase in the cost of goods sold expense has contributed to a reduction in net income from 584.50m to 342.60m, a -41.39% decrease.