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ILUKA RESOURCES LIMITED — Capital/Financing Update 2017
May 23, 2017
65116_rns_2017-05-23_0fa29b06-1671-4c79-bc28-644f12d297dd.pdf
Capital/Financing Update
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Australian Securities Exchange Notice
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24 May 2017
ILUKA ZIRCON REFERENCE PRICE INCREASE
Iluka Resources Limited (Iluka) advises that it has announced an increase in its Zircon Reference Price of US$130 per tonne to US$1,100 effective from 1 July 2017.
Given the materiality of the price increase, Iluka considers it appropriate to inform the market. In the ordinary course, pricing commentary will be restricted to its half and full year financial statements. Iluka also emphasises that it does not provide price forecasts.
The Reference Price[1] is the benchmark against which a range of Iluka zircon products are priced. Iluka’s weighted average received price can and does vary from this, reflecting specific customer arrangements, market channels, geographies and product mix.
Investment market and media inquiries:
Adele Stratton General Manager Finance, Investor Relations and Corporate Affairs Phone: + 61 (0) 8 9360 4631 Mobile: +61 (0) 415 999 005 Email: [email protected]
1 Iluka’s Zircon Reference Price is based on a 2 tonne bag of Zircon Premium, DAT, ex-China warehouse.
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Iluka Resources Limited • ABN 34 008 675 018 • Level 23 140 St Georges Terrace Perth WA 6000 GPO Box U1988 Perth WA 6845 • T +61 8 9360 4700 • F +61 8 9360 4777 • www.iluka.com