Iluka (ASX:ILU) Streamlines Operations with Cost-Cutting Measures, Set to Save AUD20Mn in 2025

Wed 29 Jan 25, 05:19 AM | Team Kalkine Media

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Highlights

Operating cash flow surged 37.7% YoY to AUD347 million in FY24.

Q4 2024 production of 129kt of Z/R/SR, with full-year production hitting 496kt, exceeding 455kt guidance.

ILU expects cost savings of AUD20 million in 2025.

Iluka Resources Ltd (ASX:ILU), an Australian-based mineral sands company, is engaged in the project development, exploration, processing, mining and marketing of zircon and titanium dioxide feedstocks.

Financial Performance in FY24

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