CAPITAL MARKETS

Iluka to keep Area C royalty

MINERAL sands major Iluka has decided against selling an iron ore royalty relating to BHP Billito...

Michael Quinn
Iluka to keep Area C royalty

No reason for the decision was given, with Iluka initiating a competitive sale process in August. Market analysts recently speculated that the royalty would be worth up to $100 million in a sale. Under...

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