Iluka Resources Limited (ASX: ILU)
Company Information 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…
Goldman Forecasts Uptick in Copper Prices for H2 2024
Goldman Sachs has cast an optimistic light on the future of copper, aluminium, and metallurgical coal, as expressed in its latest commodity market forecasts. Notably, their projections for the second half of 2024 suggest a highly favourable market for copper, with the bank also showing confidence in aluminium and metallurgical coal. According to Goldman Sachs’…
A Turnaround Tuesday – ASX 200 Jumps 1.36% as All Ords Index (XAO) gains 1.28%
After a downbeat Monday session Australian markets experienced a significant turnaround Tuesday as the ASX 200 Index added 1.36%, marking its best one-day gain since mid-May. The rally was broad-based, touching multiple sectors and leading to gains across the board. The All Ords index, the XAO saw an increase of 1.28% on the day as…
18 Share Tips – 29th April 2024
Jabin Hallihan, Auburn Capital BUY RECOMMENDATIONS BUY – Iluka Resources (ILU) ILU is a global critical minerals company and a leading producer of zircon and high-grade titanium dioxide feedstocks. ILU is set to become a material supplier of separated rare earth oxides. Supported by a robust balance sheet and strategic expansion, ILU is…
18 Share Tips – 7th August 2023
Arthur Garipoli, Seneca Financial Solutions BUY RECOMMENDATIONS BUY – IGO Limited (IGO) IGO owns and operates nickel mines in Western Australia. IGO also has a stake in the Greenbushes lithium mine via a joint venture. The company recently reported underlying EBITDA of $636 million for the June quarter, an increase of 19 per cent…
The Overlooked Critical Mineral: Rare Earth Elements (REEs)
Critical minerals are resources essential to maintain and grow the global economy. The critical mineral known as Rare Earth Elements (REEs) is overshadowed by the likes of lithium, cobalt, and graphite. Australia, like most industrialised countries, maintains a list of critical minerals that are deemed vital to the country’s economic health. Criteria for making the…