Dec 1 (Reuters) - Iluka Resources Ltd (ILU)
- Iluka tapira evaluation terminated
- Tapira joint venture with vale has now been terminated following phase 1 investigations over last two years.
- both companies have decided not to proceed with joint development agreement.
- Iluka expenditure on tapira project has been approximately a$6 million and has been expensed as part of Iluka's resources development expenditure.
News: ILU Iluka Resources says Tapira JV with Vale terminated
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