Iluka Resources traded at 6.44 this Wednesday March 25th, increasing 0.55 or 9.34 percent since the previous trading session. Looking back, over the last four weeks, Iluka Resources gained 4.04 percent. Over the last 12 months, its price rose by 52.97 percent. Looking ahead, we forecast Iluka Resources to be priced at 6.11 by the end of this quarter and at 5.72 in one year, according to Trading Economics global macro models projections and analysts expectations.
Iluka Resources Limited is a mineral sands company. The Company’s segments include Jacinth-Ambrosia/Mid West, Cataby/South West, Sierra Rutile, Mining Area C and United States/Murray Basin. The Jacinth-Ambrosia/Mid West segment comprises of the mining operations at Jacinth-Ambrosia located in South Australia, and associated processing operations at the Narngulu mineral separation plant in Western Australia. Cataby/South West segment comprises of mining activities at Cataby and processing of ilmenite at Synthetic Rutile Kiln 2, both located in Western Australia. Sierra Rutile segment comprises of the integrated mineral sands mining and processing operations in Sierra Leone. Mining Area C segment comprises a deferred consideration iron ore royalty interest over certain mining tenements. United States/Murray Basin segment comprises of rehabilitation obligations in the United States and assets located in Australia.