Jan 31 (Reuters) - Iluka Resources Ltd (ILU)
- Decided to make about "90 roles redundant" after sustainable business review to remove cost from business
- "Reviewed likelihood of developing some of iluka's mineral deposits in australia and united states"
- Review "necessitated write-down of some assets, particularly in Murray Basin"
- Review resulted in 27 % reduction to current estimates of ore reserves, from 23.0 million tonnes of heavy mineral as at 31 dec 2015 to 16.7 million tonnes
- 2016 net profit after tax is estimated to be between loss of $220 million to loss of $230 million
Jan 31 (Reuters) - Iluka Resources Ltd (ILU) Decided to make...
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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 |
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| 5 | 19085 | $5.69 |
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| Price($) | Vol. | No. |
|---|---|---|
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| ILU (ASX) Chart |