PROJECT FINANCE

Iluka and Canberra to share risks for $1.2B rare earth refinery 

MINERAL sands miner Iluka Resources has officially greenlit a plan to develop what it calls Australia's first fully integrated rare earths refinery, with the risks to be shared with the taxpayer.

The Eneabba stockpiles are by-products from 1990s mineral sand mining

The Eneabba stockpiles are by-products from 1990s mineral sand mining

The company said the board took the decision after completion of a feasibility study that suggested offering solid economics under a conservative development scenario for the refinery at Eneabba, in Western...

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