Iluka Resources
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| Public company | |
| Traded as | ASX: ILU |
| Industry | Mining |
| Founded | Iluka Resources Limited (ILU) 1998; Merger of Westralian Sands (WSL) & RGC |
| Headquarters |
140 St Georges Terrace Perth, Australia |
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Key people
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Greg Martin (chairman) Tom O'Leary (CEO) Doug Warden (Chief Financial Officer and Head of Strategy and Planning) Steve Wickham (Chief Operating Officer, Mineral Sands) Matthew Blackwell (Head of Marketing, Mineral Sands) Simon Hay (Head of Resource Development) Sue Wilson (General Counsel and Company Secretary) |
| Products | ilmenite, zircon, rutile, synthetic rutile) |
| Revenue | $726.3 million AUD (2016) |
| $(224) million AUD (2016) | |
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Number of employees
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1,100 |
| Website | www |
Iluka Resources is an Australian-based resources company, specialising in mineral sands exploration, project development, operations and marketing. Iluka is the largest producer of zircon and titanium dioxide-derived rutile and synthetic rutile globally. Iluka mines heavy mineral sands and separates the concentrate into its individual mineral constituents rutile, ilmenite, and zircon. Some of the ilmenite is then processed into synthetic rutile.
Iluka has operations in the Australian states of Western Australia (Eucla and Perth Basins), Victoria and New South Wales (Murray Basin), the United States (Virginia) and Sierra Leone.
Iluka Resources was formed in July 1998 in a merger between Westralian Sands and the titanium mineral business of RGC (Renison Goldfields Consolidated). Westralian Sands was established in 1954 but commenced operations in 1959 when it started mining and processing the Yoganup deposit near Capel in Western Australia.
By 1999, the company (now Iluka Resources) sold off or closed many parts of its business including Westlime Limited, Koba Tin, RGC Thalanga Copper, RGC South Capel operation and its share of the Narama Coal mine in New South Wales.
In September 2008 the company signing a multi-million deal with rail freight operator El Zorro to carry containerised mineral sands from Portland in the south-west of Victoria to Melbourne, with Iluka saying rail transport was cheaper than road.
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Wikipedia