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Iluka Secures $155M Rare Earths Deal with Global Auto Company

8:14am on Tuesday 23rd of June, 2026 AEST Mining
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Iluka Secures $155M Rare Earths Deal with Global Auto Company

8:14am on Tuesday 23rd of June, 2026 AEST
Key Points
  • Binding four-year rare earths offtake agreement starting 2028
  • Contract covers 10% of Eneabba refinery’s planned production
  • Minimum revenue guaranteed at US$155 million
  • A$1.65 billion Australian Government loan secured for refinery
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