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Iluka Secures 18-Year Rare Earths Supply from VHM with $40 Million Funding Support

8:17am on Thursday 2nd of July, 2026 AEST Mining
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Iluka Secures 18-Year Rare Earths Supply from VHM with $40 Million Funding Support

8:17am on Thursday 2nd of July, 2026 AEST
Key Points
  • 146kt rare earth concentrate supply over 18 years
  • $40 million convertible note funding in two tranches
  • Supply linked to Eneabba refinery product pricing
  • Right of first refusal on additional VHM projects
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