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  • Iluka Resources Limited (ASX: ILU) is an Australian listed ASX 100 company. The company has 418.7 million shares on issue. Iluka is involved in mineral sands exploration, project development, operations and marketing. The company’s objective is to create and deliver value for shareholders. Iluka is the major producer of zircon globally, and a significant producer of the high-grade titanium dioxide products of rutile and synthetic rutile. The main mineral sands products of rutile, synthetic rutile, ilmenite and zircon have a wide range of consumer, lifestyle, and industrial applications. These include pigment production used in paints, plastics, papers, titanium metal production, welding electrodes, floor and wall tiles, sanitary ware, zirconium based chemicals, and zirconia metal applications. China and developing economy growth is an important influence on end demand. The major part of Iluka’s production base is in Australia, with mining and processing operations in Virginia, USA.The company employs over 1,200 people across its operations, and a similar number of contractors. The corporate office is located in Perth, Western Australia. Iluka has regional and marketing offices, as well as warehouse distribution points in a range of locations. Iluka has marketing offices in Shanghai, China, and Jacksonville, Florida.Iluka has a royalty arrangement associated with a tier one iron ore operation – BHP Billiton’s Mining Area C province in Western Australia.Growth opportunities exist within Iluka’s current high value production base and through Ore Reserve and Mineral Resource optimisation. In addition, Iluka has a major exploration commitment in Australia and selected international jurisdictions, a product and technical development focus, and a focussed marketing and customer servicing capability. Iluka is committed to operating in a sustainable manner, and considers developing and maintaining sustainable business practices to be of central importance. This approach is reflected in Iluka’s principal objective - to create and deliver shareholder value. It is also consistent with the company’s fundamental values – Commitment, Integrity and Responsibility, and is a central component of the company’s licence to operate. The company has a commitment to diversity in its employment practices.
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