Iluka Resources Ltd. (ILKAF)

Overview

Iluka Resources Limited is a prominent company focused on the exploration, project development, mining, processing, marketing, and rehabilitation of mineral sands. With operations spanning across Australia, China, the rest of Asia, Europe, the Americas, and other international markets, the company showcases a diverse geographic presence. It operates through various segments, including Jacinth-Ambrosia/Mid-West, Cataby/South West, Rare Earths, and United States/Murray Basin, reflecting its vast array of operational areas and project focuses. Initially known as Westralian Sands Limited, the company underwent a name change to Iluka Resources Limited in May 1999. Founded in 1954, Iluka Resources has established its headquarters in Perth, Australia, growing into a market leader in its field, known for its commitment to not only the mining and production of mineral sands but also to the sustainability and rehabilitation of mining sites post-extraction.

Products and Services

Iluka Resources Limited offers a wide range of high-quality mineral products and services designed to meet the needs of various industries from technology to construction and beyond. The company's product portfolio includes:

• Zircon: Utilized in the production of ceramics, zircon is a key mineral for the ceramics industry, offering properties such as high melting point and resistance to corrosion.
• Titanium Dioxide Products: This includes rutile and synthetic rutile, both of which are essential for manufacturing titanium dioxide pigment, a critical ingredient in paints, plastics, and paper due to its superior whiteness and opacity. Rutile is also used in the production of titanium metal.
• Ilmenite: As the primary ore of titanium, ilmenite is mainly used to produce titanium dioxide for pigment in paints, plastics, paper, and also in the production of titanium metal. Its significance is tied to its role as a starting material for the TiO2 manufacturing process.
• Activated Carbon, Gypsum, and Iron Concentrate Products: Beyond mineral sands, Iluka also produces activated carbon used in water treatment, air purification, and gold recovery. Gypsum is a by-product of mineral processing, widely used in construction, agriculture, and industry. Iron concentrate is another by-product sourced from the company's processing operations, used in steel manufacturing.
• Rare Earths Exploration: Focusing on elements like monazite and xenotime, Iluka's exploration activities in rare earths underline its commitment to meeting the global demand for rare earth elements. These elements are crucial in the manufacture of high-tech and defense-related technologies due to their unique properties.

Iluka's products find applications in a broad range of fields, from technology, construction, and medical, to lifestyle, defense, and various industrial purposes, illustrating the company's versatility and significant role in supplying essential materials for a wide spectrum of industries.