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Iluka Resources Limited (ASX:ILU)

ALERT: Price-sensitive ASX Announcement for ILU
Current share price for ILU : $5.285 -1.805 (-25.46%)+
Announcement
Release
19 Aug 2026 7:31AM
Price at Release
$7.090
Full Release
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Summary
Iluka Resources Limited's 2026 interim report reveals a challenging half-year with a loss after tax of $24 million, impacted by lower product prices and a strong AUD. Despite a 22.4% decrease in mineral sands revenue, operating cash flow improved significantly, leading to a reduced net debt of $273 million by June 2026. The company declared an interim dividend of 3 cents per share to be paid in September 2026. Capital expenditure focused on the Balranald project totaled $94 million, while higher input costs arose from energy supply disruptions.
Key Points
  • Iluka Resources reported a loss after tax of $24 million for H1 2026.
  • The company experienced a decline in earnings due to lower product prices and a strong AUD.
  • Mineral sands revenue decreased by 22.4% compared to H1 2025.
  • Operating cash flow for mineral sands improved to $247 million in H1 2026.
  • Net debt for the mineral sands business decreased to $273 million by June 2026.
  • Iluka declared an interim dividend of 3 cents per share for September 2026.
  • Capital expenditure for mineral sands was $94 million, largely for the Balranald project.
  • The company faced higher input costs due to energy supply disruptions.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.