ILU iluka resources limited

News: ILU Iluka Resources Announces Intention To Demerge Iluka's Royalty Business

  1. 193,698 Posts.
    lightbulb Created with Sketch. 2825

    Feb 20 (Reuters) - Iluka Resources Ltd (ILU) :

    • ILUKA RESOURCES LTD - INTENTION TO DEMERGE ILUKA'S ROYALTY BUSINESS
    • ILUKA RESOURCES LTD - PROPOSED DEMERGER WILL ESTABLISH AN ASX LISTED AUSTRALIAN ROYALTY COMPANY
    • ILUKA RESOURCES LTD- ILUKA WILL RETAIN A MINORITY SHAREHOLDING INTEREST OF 15 PER CENT IN ROYALTYCO
    • ILUKA RESOURCES LTD - AUSTRALIAN ROYALTY CO'S CORNERSTONE ASSET IS ROYALTY OVER BHP-OPERATED MINING AREA C IRON ORE OPERATION
    • ILUKA RESOURCES LTD- CEO OF ROYALTYCO WILL BE JULIAN ANDREWS
    • ILUKA RESOURCES LTD - CHAIR OF ROYALTYCO WILL BE JENNY SEABROOK
    • ILUKA RESOURCES LTD- IF APPROVED, DEMERGER IS EXPECTED TO BE COMPLETED IN 2020
    • ILUKA RESOURCES- DEMERGER WILL BE EFFECTED BY DISTRIBUTION OF SHARES IN ROYALTYCO VIA AN IN-SPECIE DIVIDEND AND CAPITAL RETURN BY ILUKA
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$5.69
Change
0.210(3.83%)
Mkt cap ! $2.444B
Open High Low Value Volume
$5.55 $5.75 $5.50 $24.12M 4.268M

Buyers (Bids)

No. Vol. Price($)
5 19085 $5.69
 

Sellers (Offers)

Price($) Vol. No.
$5.75 9573 3
View Market Depth
Last trade - 16.10pm 12/09/2025 (20 minute delay) ?
ILU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.