Iluka Resources LimitedASX: ILU

Intention to demerge Sierra Rutile

· Issued by Iluka Resources Limited

Filed with ASX · · 3 pages · English

Iluka Resources Limited (Iluka) announces that it intends to demerge Sierra Rutile Holdings Limited (Sierra Rutile), subject to shareholder and other approvals. If the demerger proceeds, Sierra Rutile will be established as an ASX listed, West African focused mineral sands company. It will have the primary objective of maximising value from Sierra Rutile’s remaining deposits at Area 1 and developi

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