ILU 1.32% $6.00 iluka resources limited

Iluka does not own the tailings from Jennings Farm, so return them and rehabilitate., page-53

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    The Eneabba monazite stockpile, managed by Iluka Resources, physically presents as a fine-grained sand. It is approximately **300m in length**, **150m wide**, and varies from **1 to 15m in thickness.

    The Eneabba monazite stockpile is located in Western Australia and is managed by Iluka Resources. The stockpile consists of the rare earth bearing minerals monazite and xenotime, which are by-products of Iluka's mineral sands processing activities¹²⁴. These minerals have been stockpiled at a former mining void at Eneabba since the early 1990s¹²⁴.Iluka has taken a phased approach to developing Eneabba and diversifying into rare earths¹.
    Phase 1, which commenced in 2020, involves a screening plant that produces a mixed monazite and mineral sands zircon concentrate¹. Phase 2, completed in June 2022, separates mineral sands heavy mineral concentrate, which is processed at Iluka’s Narngulu site; and a rare earth heavy mineral product consisting mainly of monazite, which is suitable as a direct feed to a rare earths refinery¹.
    We are in Phase 3 involves the construction of a fully integrated rare earth refinery for the production of separated rare earths¹. This refinery received final investment approval from the Iluka Board in April 2022¹⁴. The refinery will be fed initially by Iluka’s Eneabba stockpile and is capable of processing rare earth feedstocks sourced from both Iluka’s portfolio and from a range of potential third party concentrate suppliers¹. Commissioning is scheduled for 2025¹.
    Please note that the information provided is based on the latest available data and may be subject to change.
    For the most accurate and up-to-date information, it's recommended to visit the official Iluka Resources website or contact them directly¹.26/02/2024(1) Eneabba - Iluka resources. https://iluka.com/communities/eneabba/.(2) Eneabba | Iluka resources. https://iluka.com/operations-resource-development/resource-development/eneabba.(3) Iluka Resources Limited Eneabba Rare Earths Refinery Final Investment .... https://www.asx.com.au/asxpdf/20220404/pdf/457n00z958ghfd.pdf.(4) Australian Securities Exchange Notice. https://iluka.com/media/lmrax4o3/eneabba-mineral-sands-recovery-project-ore-reserve-estimate.pdf.
 
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