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Why Did Iluka Post a $288m Loss Despite Rare Earths Progress?
7:40am on Wednesday 18th of February, 2026 AEDT
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Mining
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Why Did Iluka Post a $288m Loss Despite Rare Earths Progress?
7:40am on Wednesday 18th of February, 2026 AEDT
Key Points
2025 net loss of $288 million after $566 million impairments
Mineral sands revenue of $976 million with 31% EBITDA margin
Balranald mining project commissioned, Eneabba rare earths refinery on track for 2027
Cost base reset and production suspensions in mineral sands to reduce 2026 cash needs
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ILUKA RESOURCES (ASX:ILU)
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