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Deterra aiming to hit the board in late October

Iluka Resources spin-off Deterra Royalties plans to use its highly cash generative royalty over BHP’s Mining Area C iron ore mine as a platform for growth.

Deterra aiming to hit the board in late October Deterra aiming to hit the board in late October Deterra aiming to hit the board in late October Deterra aiming to hit the board in late October Deterra aiming to hit the board in late October

Deterra Royalties managing director Julian Andrews

Iluka yesterday released the demerger booklet ahead of a shareholder vote on October 16.

If approved, Iluka shareholders will receive one Deterra share for every share held.