EXPLORATION & DEVELOPMENT

Iluka looks to the upside

MINERAL sands major Iluka Resources has outlined an optimistic outlook for its prospects in the medium term as it reported a 2015 profit of $A53.5 million and free cashflow of $155 million.

Michael Quinn

Iluka looks to the upside

The cashflow was down about 21% on the previous year, but on a conference call with analysts following the reporting of Iluka’s 2015 results, managing director David Robb characterised the company as having...

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