Iluka’s Eneabba stockpile is the world’s highest grade operational rare earths deposit. The Eneabba operation will involve the extraction, processing and sale of a strategic monazite-rich mineral stockpile that is currently stored in a former mining void at Eneabba, Western Australia.

Screening Plant - Phase 1 (Complete)

Phase 1 involved a simple reclaim and screening of material stored in the former mining void at Eneabba. The operation produced a mixed monazite-zircon concentrate, with the monazite fraction at approximately 20%. Sales commenced in Q3 2020 and the final shipment of Phase 1 production was made in December 2021.

Phase 1 provided Iluka with a low risk, low cost, high return entry into the rare earths market.

Concentrator - Phase 2 (Commissioning)

Phase 2 of the Eneabba operation will further process the reclaimed material to separate the monazite and zircon streams, producing a ~90% monazite concentrate.

Construction of the plant is complete and in commissioning phase.
Material produced through Phase 2 will form a direct feed to Phase 3. No material is planned to be sold.

Rare Earths Refinery - Phase 3 (Final Investment Decision Approved)

Iluka has completed the feasibility study for a fully integrated rare earths refinery at Eneabba, demonstrating solid economics and significant potential for growth.

In April 2022, the Iluka Board approved the Final Investment Decision following completion of the feasibility study and agreement of a risk sharing arrangement with the Australian Government, including through a non-recourse loan under the Australian Government’s $2 billion Critical Minerals Facility.

Phase 3 will deliver a fully integrated refinery for the production of separated rare earth oxides at Eneabba, Western Australia. The refinery will be capable of processing rare earth feedstocks sourced from both Iluka’s portfolio and from a range of potential third party concentrate suppliers.

Beyond the Eneabba stockpile, Iluka’s Wimmera project and other deposits and a range of  third party deposits could serve as long life rare earth concentrate feed source to the Eneabba refinery.
Construction of the refinery to commence in H2 2022 and first production expected in 2025.

Further information can be found on our Engagement Hub

extraMile by Integranet