- Iluka Resources
Infobox_Company
company_name = Iluka Resources Limited
company_
company_type = Public asx|ILU)
foundation = Iluka Resources Limited (ILU) 1998;
Merger of Westralian Sands (WSL) & RGC [cite web|url=http://www.accc.gov.au/content/index.phtml/itemId/87231/fromItemId/621419|title=Australian Competition and Consumer Commission Website|year=2007|accessdate=2007-06-18]
location = flagicon|AUS Perth,Australia
key_people = Ian McKenzie, Chairman
Dave Robb, CEO
num_employees = 1,626 [cite web|url=http://wrightreports.ecnext.com/coms2/reportdesc_COMPANY_C03602970|title=Wright Report - Iluka Resources Limited - Company Profile Snapshot|year=2007|accessdate=2007-06-17]
industry =Mining
products =ilmenite ,zircon ,rutile , synthetic rutile)
revenue = profit$921 million ASD (2006 )
net_income = profit$131 million ASD (2006 )
homepage = [http://www.iluka.com/]Iluka Resources is a
mining company involved in the mining andprocessing oftitanium based andzircon products. The company mines heavy mineral concentrate and separates the concentrate intorutile ,ilmenite ,leucoxene andzircon . Some of the ilmenite is then processed into synthetic rutile.Iluka has operations in
Western Australia (Narngulu, Eneabba and Capel), Victoria (Mildura),Queensland andUnited States (Virginia ).In
2006 Iluka Resources was the largest supplier ofzircon to the world market with a market share of 35% and was the second largest supplier of Titanium Dioxide and maintained a 20% share in the supply of Titanium Dioxide to the world market. [cite web|url=http://www.iluka.com/?page=aboutiluka|title=Iluka Resources Limited - About Iluka|year=2007|accessdate=2007-08-26]History
Iluka Resources was formed in July 1998 in a merger between Westralian Sands and the titanium mineral business of RGC (Renison Goldfields Consolidated). [cite web|url=http://www.chemlink.com.au/titan_rutile.htm|title=Acted Consultants - Rutile and ilmenite - Australian production |year=2008|accessdate=2008-03-12] Westralian Sands was established in 1954 but commenced operations in 1959 when it started mining and processing the Yoganup deposit near Capel in
Western Australia .By 1999, the company (now Iluka Resources) sold off or closed many parts of its business including Westlime Limited, Koba Tin, RGC Thalanga Copper, RGC South Capel operation and its share of the Narama Coal mine in New South Wales. [cite web|url=http://www.iluka.com/?page=ourbusiness|title=Iluka Resources Limited - Our Business|year=2007|accessdate=2008-08-26]
In September 2008 the company signing a multi-million deal with rail freight operator El Zorro to carry containerised mineral sands from Portland in the south-west of Victoria to
Melbourne , with Iluka saying rail transport was cheaper than road. [cite web
url=http://www.abc.net.au/news/stories/2008/09/03/2353873.htm
title=Rail freight back on Portland-Maroona line
work=ABC News
publisher=www.abc.net.au
date=September 3, 2008
accessdate=2008-09-04]References
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