Australia grants further $258 million in funding for Iluka's rare earths refinery
05/12/2024 21:17
Dec 6 (Reuters) - The Australian government will grant A$400 million ($257.96 million) in funding for Iluka Resources' ILU.AX Eneabba rare earths refinery in the state of Western Australia, in addition to its previous A$1.25 billion loan, the miner said on Friday. ($1 = 1.5506 Australian dollars) (Reporting by Aaditya Govind Rao in Bengaluru; Editing by Alan Barona) ((Aaditya.GovindRao@thomsonreuters.com))
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