Iluka Resources Limited (OTCMKTS:ILKAF) is an Australian-based mineral sands company specializing in the exploration, mining and processing of heavy mineral products. Headquartered in Perth, Western Australia, Iluka is listed on the Australian Securities Exchange and trades on the OTC market under the ticker ILKAF. The company focuses on delivering zircon, rutile and synthetic rutile feedstocks to global customers in the ceramics, refractory and pigment industries.
Iluka is one of the world’s leading producers of zircon – a high‐value mineral used in ceramic tiles, glazes and foundry applications – alongside high-grade titanium dioxide feedstocks such as rutile and synthetic rutile for pigment manufacturers. Its integrated supply chain encompasses mineral separation, pigment-grade processing and downstream research into new applications, including specialty chemicals derived from monazite sands. The company also produces leucoxene, a lower-grade titanium feedstock.
Operations are concentrated in Western Australia’s Murray Basin and Eucla Basin corridors, with major mining and processing sites at Jacinth-Ambrosia, Eneabba and several Murray Basin operations. Iluka employs gravity and spiral separation techniques, followed by magnetic and electrostatic processing, to extract and upgrade heavy minerals. An active exploration pipeline across Australia supports long-term production, and the company is evaluating rare earth element potential at select deposits.
Founded in 1954 as a state government exploration trust, Iluka Resources has grown into a global mineral sands leader through organic expansion and strategic acquisitions. Management is led by Managing Director and CEO Tom O’Leary, with Rob Kerin serving as non-executive chair of the board. Iluka’s strategic priorities include enhancing project delivery, advancing sustainability initiatives and diversifying its product suite to meet evolving market demands for advanced materials.
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