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Iluka exits tin to focus on mineral sands

ILUKA Resources has agreed to sell its tin mining unit to Malaysia Smelting Corp for up to $40 mi...

Greg Tubby

Under the terms of the deal, MSC will buy the Perth-based company's 75% stake in PT Koba Tin for a US$14 million cash payment and a deferred contingent component of up to US$6 million over three years,...

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