Iluka Resources Limited
ILKAY
Other OTC20.99
USD
-3.19
- -
ISIN
US4523631046
CUSIP
452363104
Return %
Stock
S&P500
1Y
23.11
18.99
3Y
-41.69
64.75
5Y
-34.53
71.84
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Thomas Joseph Patrick O'Leary B.Juris
- Full Time Employees
- 1,000
- Sector
- Basic Materials
- Industry
- Industrial Materials
- Address
- 240 St Georges Terrace Perth WA Australia 6000
- IPO Date
- Feb 4, 2011
- Website
- iluka.com
- Similar Companies
- Business
- Iluka Resources Limited, founded in 1954 and headquartered in Perth, Australia, specializes in the exploration, development, mining, processing, marketing and rehabilitation of mineral sands; the company produces high-grade titanium dioxide feedstocks including rutile, synthetic rutile and ilmenite concentrates; zircon products; and rare earth minerals for customers across industrial, clean energy and high-technology sectors. Operations span Australia through segments such as Jacinth-Ambrosia/Mid West with mining in South Australia and processing at Narngulu in Western Australia; Cataby/South West encompassing mining at Cataby and synthetic rutile production; Rare Earths covering the Eneabba Rare Earths Refinery under construction in Western Australia plus investment in Northern Minerals Limited; and United States/Murray Basin handling rehabilitation in Florida and Virginia alongside idle Australian assets. Products serve global markets including everyday consumer applications, medical uses, ceramics and the electrified lower-carbon economy via titanium dioxide, zircon and rare earths essential for clean energy technologies. In recent developments, the Australian government grants an additional A$400 million loan in December 2024 for the Eneabba rare earths refinery, building on prior A$1.25 billion funding amid cost increases to A$1.7-1.8 billion, with Iluka committing extra A$214 million equity; construction accelerates with key infrastructure complete and commissioning targeted for 2027. The company idles Cataby mine and Synthetic Rutile Kiln 2 from December 2025 due to weak market conditions, aiming for A$150 million cash savings in 2026; advances the Balranald Project for Q4 2025 commissioning; and secures a strategic offtake agreement with Lindian Resources for 90,000 tonnes of monazite concentrate over 15 years to feed Eneabba, plus a US$20 million loan, positioning Iluka as a key non-Chinese heavy rare earth supplier.
Iluka Resources Limited (OTCMKTS:ILKAY) Short Interest Update
Iluka Resources (OTCMKTS:ILKAY) Trading 6.9% Higher – Here’s Why