Australian critical minerals miner Iluka flags impairment of minerals sands unit
28/01/2026 22:28
Jan 29 (Reuters) - Australia's Iluka Resources ILU.AX said on Thursday it expects to recognise two exceptional items, one in relation to an impairment of its mineral sands business. The non-cash impairment charge for the segment is expected to be around A$350 million ($246.02 million) before tax and will be accounted in its final 2025 results, the critical minerals miner added. ($1 = 1.4227 Australian dollars) (Reporting by Nikita Maria Jino in Bengaluru; Editing by Alan Barona) ((Nikita.Jino@thomsonreuters.com;))
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