April 13 (Reuters) - Iluka Resources Ltd (ILU) :
- INTENTION TO DEMERGE SIERRA RUTILE
- IF DEMERGER PROCEEDS, SIERRA RUTILE WILL BE ESTABLISHED AS AN ASX LISTED CO
- DEMERGER ALLOWS ILUKA TO FOCUS ITS CAPITAL ALLOCATION PRIORITIES AND MANAGEMENT ATTENTION ON ITS CORE AUSTRALIAN ASSETS
- TO ESTABLISH US$45 MILLION CASH FUNDED REHABILITATION TRUST TO SUPPORT SIERRA RUTILE'S EXISTING REHABILITATION OBLIGATIONS
- DEMERGER IS EXPECTED TO BE COMPLETED IN 2022
- MANAGING DIRECTOR AND CHIEF EXECUTIVE OFFICER OF SIERRA RUTILE WILL BE THEUNS DE BRUYN
News: ILU Iluka Resources Ltd Announces Intention To Demerge Sierra Rutile
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Last
$5.50 |
Change
-0.055(0.99%) |
Mkt cap ! $2.384B | |||
| Open | High | Low | Value | Volume |
| $5.46 | $5.62 | $5.43 | $5.878M | 1.065M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 388 | $5.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.50 | 8486 | 15 |
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| Last trade - 10.36am 11/09/2025 (20 minute delay) ? |
| ILU (ASX) Chart |