Breaking Down the Mining News of the Day, Money of Mine

Money of Mine

Breaking Down the Mining News of the Day

An ex-underground miner, an ex-investment banker, and an ex-equity research guy breaking down the mining news of the day. It's a bit of entertainment, information, and occasionally some alpha.

Equity Bottom-Up

<ul>
<li>The funding package between Iluka Resources and the government was finalized, leading to a 10% market decline</li>
<li>Iluka Resources planned to build a Rare Earths refinery in Enneba with the assistance of a $1.05 billion non recourse loan from the Australian government</li>
<li>Iluka also had plans to process their Wimmera deposit through the refinery, despite challenges with separation and impurities causing delays in development.</li>
</ul>
<p><em>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.</em></p>


The funding package between Iluka Resources and the government was finalized, leading to a 10% market decline
Iluka Resources planned to build a Rare Earths refinery in Enneba with the assistance of a $1.05 billion non recourse loan from the Australian government
Iluka also had plans to process their Wimmera deposit through the refinery, despite challenges with separation and impurities causing delays in development.

This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Financial News, Analysis and Data, FNArena

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Australia

Iluka Resources Limited is involved in the mining, concentration and separation of mineral sands and titanium minerals. The Company also produces ilmenite and other titani-ferrous concentrates, zircon, and synthetic rutile along with the exploration of coal. Iluka's products are exported throughout the world.

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Iluka Resources (ILU AU)

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