Iluka Resources Limited (ILU.AX)
Iluka Resources Limited operates in the Industrial Materials industry of the Basic Materials sector, headquartered in Perth, WA, AU. The stock last traded at $7.21, down 2.57% on the session, giving a market capitalisation of $3.11B. Its beta of 0.80 implies it has historically moved less than the broad market.
Headquartered in Perth, Australia, and established in 1954, Iluka Resources Limited is deeply involved in all facets of the mineral sands industry. This encompasses the exploration, development, extraction, processing, marketing, and subsequent rehabilitation of mining sites. The company's operations span several key regions, including Jacinth-Ambrosia/Mid West, Cataby/South West, Sierra Rutile, and the United States/Murray Basin segments. Its core product portfolio features zircon, titanium dioxide minerals like rutile and synthetic rutile, and ilmenite, alongside activated carbon and iron concentrate. Beyond its primary offerings, Iluka also actively explores for rare earth elements such as monazite and xenotime. These diverse products are crucial components in a wide array of applications across technology, construction, medicine, lifestyle goods, and industrial sectors. With a global footprint, Iluka maintains operations across Australia, China, the broader Asian continent, Europe, the Americas, and other international markets. The company, which was originally incorporated as Westralian Sands Limited, rebranded to Iluka Resources Limited in May 1999.
Iluka Resources Limited is most often compared with the following Basic Materials names: