Iluka Resources Ltd
ILU: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| !.R | LOCK|!@^ | LOCK|M!q@SwDG |
Iluka's First Offtake for Rare Earth Oxides to Be Produced at Eneabba, With More Likely
Iluka agreed to an offtake with a 'globally recognized automotive company' for light and heavy rare earth oxides to be produced at its refinery, being built at Eneabba. The offtake is initially for four years starting in 2028 with minimum prices for each product. 90% of volumes are take-or-pay.
