
Iluka Resources: The home stretch
All images: Iluka Resources BY: JESSICA CUMMINS It’s been a year of delivery for Iluka Resources, with completion of its $275 million Cataby mineral sands project edging closer, and expansion plans moving forward across its Jacinth-Ambrosia and Sierra Leonean operations. PERTH based major mineral sands company Iluka Resources has its hands full with construction works in the final stages at Cataby, and development works progressing on four expansion projects. The miner finished the first half of the calendar year in a strong position, with net profit after tax of $126 million; underlying group EBITDA up 80 per cent to $279 million compared to the first half of 2017; strong free cash flow of $226 million; and a 21 per cent…