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Iluka Reports $288M Loss, Advances Balranald Mine and Eneabba Refinery
7:40am on Wednesday 18th of February, 2026 AEDT
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Mining
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Iluka Reports $288M Loss, Advances Balranald Mine and Eneabba Refinery
7:40am on Wednesday 18th of February, 2026 AEDT
Key Points
2025 net loss of $288 million impacted by asset impairments and inventory write-downs
Suspension of production at Cataby mine and SR2 kiln to preserve balance sheet
Balranald mine commissioning commenced with novel mining technology
Eneabba rare earths refinery construction over 95% complete, on track for 2027 commissioning
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ILUKA RESOURCES (ASX:ILU)
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