Brief: Iluka Resources Concludes Multi-Year Rare Earths Offtake Agreement With Global Auto Co
23/06/2026 02:30
BRIEF-Iluka Resources Concludes Multi-Year Rare Earths Offtake Agreement With Global Auto Co June 23 (Reuters) - Iluka Resources Ltd ILU.AX:
ILUKA RESOURCES LTD-RARE EARTHS OFFTAKE AGREEMENT
CONCLUDES MULTI-YEAR RARE EARTHS OFFTAKE AGREEMENT WITH GLOBAL AUTOMOTIVE COMPANY
MINIMUM REVENUE FROM AGREEMENT IS US$155 MILLION; FORECAST REVENUE IS US$172 MILLION
OFFTAKE AGREEMENT STARTS 2028 FOR FOUR YEARS, COVERS 1200T OR 10% OF PLANNED OUTPUT
Further company coverage: ILU.AX
((Reuters.Briefs@thomsonreuters.com;))
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