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Iluka Resources Advances Rare Earths and Balranald Projects with $231M Profit
7:33am on Wednesday 19th of February, 2025 AEDT
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Mining
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Iluka Resources Advances Rare Earths and Balranald Projects with $231M Profit
7:33am on Wednesday 19th of February, 2025 AEDT
Key Points
Mineral sands revenue of $1.13 billion with 42% EBITDA margin
Net profit after tax (NPAT) of $231 million and final dividend of 4 cents per share
Balranald project on track for H2 2025 commissioning with $190 million capex in 2024
Eneabba rare earths refinery progressing, fully funded with $1.65 billion government loan
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