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Iluka Advances Rare Earths Projects While Maintaining Strong Margins in 2024

6:50am on Monday 2nd of June, 2025 AEST Mining
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Iluka Advances Rare Earths Projects While Maintaining Strong Margins in 2024

6:50am on Monday 2nd of June, 2025 AEST
Key Points
  • Mineral sands revenue declined 9% to $1.13 billion
  • EBITDA margin remained strong at 42% despite cost pressures
  • Balranald mine on track for H2 2025 commissioning
  • Eneabba rare earths refinery fully funded, commissioning set for 2027
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