Iluka pursues sustainable economic outcomes allowing us to share economic benefits with our host communities.

For 2018, Iluka recorded a net profit after tax of $304 million. A net cash position of $2 million was achieved, which marked a significant improvement from the position of net debt of $506 million in 2016 following the Sierra Rutile acquisition. Through this two-year period, mineral sands revenue grew by greater than 20% to $1,244 million in 2018. Strong free cash flow was sustained at $304 million.

Full details of Iluka’s financial results and economic performance can be found in the Iluka 2018 Annual Report

Read more about Economic Responsibility

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