ILU: Mineral Sands Miner — A$1.7 Billion Bet at the Bottom of the Cycle

ILU · ASX:Iluka has spent A$1.7 billion building Australia's only rare earths refinery while its mineral sands business hits a four-year price trough — we examine whether the timing adds up.
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ILU: Mineral Sands Miner — A$1.7 Billion Bet at the Bottom of the Cycle

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In a Nutshell

Executive Summary