Australia's Iluka Resources jumps on increased FY23 production

Iluka Resources

23/01/2024 02:29

** Shares of Iluka Resources  ILU.AX  rise as much as 4.8%
to A$6.8, their biggest intraday pct gain since Jan. 11
    ** Critical minerals co reports 8.1% jump in FY23
zircon/rutile/synthetic rutile production
    ** Expects higher ore processing rates on boost from new
mining unit commissioned in Dec and another unit due in Q1
    ** Trading vol is about double the 30-day avg
    ** Stock has fallen 1.7% this year, as of last close

 (Reporting by Megha Rani in Bengaluru)
 ((Megha.Rani2@thomsonreuters.com;))