Iluka Resources
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| Iluka Resources Limited | |
|---|---|
| Type | Public ASX:ILU) |
| Founded | Iluka Resources Limited (ILU) 1998; Merger of Westralian Sands (WSL) & RGC [1] |
| Headquarters |  Perth, Australia |
| Key people | Ian McKenzie, Chairman Dave Robb, CEO |
| Industry | Mining |
| Products | ilmenite, zircon, rutile, synthetic rutile) |
| Revenue | ▲$921 million ASD (2006) |
| Net income | ▲$131 million ASD (2006) |
| Employees | 1,626 [2] |
| Website | [1] |
Iluka Resources is a mining company involved in the mining and processing of titanium based and zircon products. The company mines heavy mineral concentrate and separates the concentrate into rutile, ilmenite, leucoxene and zircon. Some of the ilmenite is then processed into synthetic rutile.
Iluka has operations in Western Australia (Narngulu, Eneabba and Capel), Victoria (Mildura), Queensland and United States (Virginia).
In 2006 Iluka Resources was the largest supplier of zircon to the world market with a market share of 35% and was the second largest supplier of Titanium Dioxide and maintained a 20% share in the supply of Titanium Dioxide to the world market. [3]
[edit] History
Iluka Resources was formed in July 1998 in a merger between Westralian Sands and the titanium mineral business of RGC (Renison Goldfields Consolidated). [4]
[edit] References
- ^ Australian Competition and Consumer Commission Website (2007). Retrieved on 2007-06-18.
- ^ Wright Report - Iluka Resources Limited - Company Profile Snapshot (2007). Retrieved on 2007-06-17.
- ^ Iluka Resources Limited - About Iluka (2007). Retrieved on 2007-08-26.
- ^ Acted Consultants - Rutile and ilmenite - Australian production (2008). Retrieved on 2008-03-12.
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