Iluka Resources Overview
Company Headquarters: Perth, Australia
Founded: 1998
Workforce: ~1,100
Company Working: Iluka Resources (Iluka) is an Australian-based resources company, specialising in mineral sands exploration, project development, operations and marketing. Iluka has projects and operations in Australia and a globally integrated marketing network. Exploration activities are conducted internationally, and Iluka is actively engaged in the rehabilitation of previous activities in the United States and Australia. Iluka holds a 20% stake in Deterra Royalties, the largest ASX-listed resources focused royalty company. The company’s key assets and operations are situated in Australia, Sierra, with a mining and processing operation in Virginia, the US. Iluka is the largest producer of zircon in the world. It also produces titanium dioxide minerals such as rutile, ilmenite, synthetic rutile, zircon and other titaniferous concentrates. The company’s products find application in a diverse range of sectors such as consumer, industrial, manufacturing, aircraft and healthcare.
Strategy
Iluka Resources exploration teams aim to identify the highest quality mineral deposits and are a key part of Iluka's growth platform. In line with Iluka's strategy to continue to grow and develop the company's multifaceted project teams use innovative practices to explore greenfield and brownfield opportunities around the world. The company pursues operational excellence to optimise production output sustainably. Operational flexibility enables Iluka to preserve margins across the company’s core product suite throughout periods of market instability, and to maximise production throughput during periods of high demand.
