Currently viewing Global edition

Iluka reports strong first half result

Iluka Resources has reported a strong half-year result, reflecting a return of mineral sands demand to pre-pandemic levels.

Iluka reports strong first half result Iluka reports strong first half result Iluka reports strong first half result Iluka reports strong first half result Iluka reports strong first half result

Iluka managing director Tom O'Leary

Minerals sands EBITDA jumped 69% to A$299 million, while margin improved to 41% from 39%.

Operating cashflow was $306 million, with free cashflow of $179 million.