Iluka Resources Limited Iluka Resources Limited engages in the exploration, development, mining, processing, marketing, and rehabilitation of mineral sands products; it produces premium zircon, high-grade titanium dioxide feedstocks including synthetic rutile, ilmenite, and other titania concentrates; and it develops rare earth products through its Eneabba refinery, which processes monazite and xenotime into separated light and heavy rare earth oxides such as NdPr and Dy/Tb under the puRE brand. Operations span Australia including Jacinth-Ambrosia in South Australia, Cataby and Capel in Western Australia, Murray Basin in Victoria, and the US; the company also holds projects in China and exports products globally to serve industries ranging from ceramics, paints, and coatings to clean energy technologies like electric vehicles and wind turbines. Founded in 1999 and headquartered at Level 17, 240 St Georges Terrace, Perth, Western Australia, Iluka maintains diversified segments across mineral sands production and rare earths processing.
Recent developments include the August 2025 strategic partnership with Lindian Resources Limited featuring a US$20 million construction loan and 15-year offtake agreement for 6,000 tonnes per annum of rare earth concentrate to feed the Eneabba refinery, which remains under construction with commissioning targeted for 2027 and supported by a A$1.65 billion Australian Government loan. The Balranald mineral sands project advances toward Q4 2025 commissioning, while operations at Synthetic Rutile Kiln 2 and Cataby are scheduled for idling from December 2025 to achieve AU$150 million in 2026 cash savings amid softer pigment markets. In October 2025, Iluka withdrew its synthetic rutile sales guidance through 2027 due to customer supply chain disruptions stemming from Venator Materials' sale of its Greatham facility to China's LB Group, prompting a 13.9% share price decline.