ILUKA RESOURCES LIMITED — Major Shareholding Notification 2003

Jul 16, 2003

FACSIMILE

Deutsche Bank

To	Company Secretary Iluka Resources Limited	Deutsche Bank AG ABN 13 064 165 162 GPO Box 7033 Sydney NSW 1170 Level 18, 225 George Street
Fax No	(08) 9221 7744	Sydney NSW 2000 Australia
СC	Company Announcements Office Australian Stock Exchange	Tel: 61 2 9258 1234 Fax: 61 2 9258 2223 Direct: 61 2 9258 2703
	(via ASX Online or fax 1900 999 279)
From	Fonnie Mak
Date	17 July 2003
Subject	Substantial Shareholding Notice
Total Pages	(including this page) 7
	If you do not receive all the pages, please telephone immediately.

This facsimile is intended only for the individual or entity named above and may contain information that is confidential and privileged. If you are not the intended recipient you must not use, distribute or copy this facsimile. If you have received this facsimile in error, please notify us immediately by telephone and destroy the original. Thank you.

Attached is a copy of the Substantial Shareholder Notice we have lodged today with the ASX. The originals were posted to you today.

$\sim$ $\sim$

Fonnie Mak Compliance Manager

Form 604

Corporations Law Section 671B

Notice of change of interests of substantial holder

To:	Iluka Resources Limited Level 5 553 Hay Street Perth WA 6000
ABN/	34 008 675 018
T٥:	Australian Stock Exchange Limited
1. Details of substantial shareholder

Name

Deutsche Bank AG (ABN 13 064 165 162) and its related bodies corporate (together, the "Deutsche Bank Group") gives notice of a change in its relevant interests.

There was a change in the interests of the substantial holder on 15 July 2003. The previous notice was dated 17 June 2003.

2. Previous and present voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate had a relevant interest in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

Class of securities		Previous notice c.o.b. 13 Jun 2003	Present notice c.o.b. 15 Jul 2003
	Voting power Person's votes		Person's votes	Voting power
Ordinary Shares	11,969,788	5.14 %	14,325,379	6.15%

3. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

Date of change	Person whose	Nature of I	Consideration	Class and	Person's votes
	relevant interest	change	given in relation	number of
	changed		to change	securities
Refer to	Refer to	Refer to	Refer to	Refer to	See previous
schedule 1	schedule 1.	schedule 1.	schedule 1.	schedule 1	column.

$\mathbf{I}$

4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder of	Registered holder of	Person entitled to be	Nature of	Class (ordinary	Person's
relevant interest	securities	registered as holder	relevant		Votes
			interest	shares unless stated) and
				number of
				securities
Deutsche Asset
	Cogent Nominees	Anglican Retirement	As	31,228	31,228
Management	Pty Ltd	Villages Diocese of	investment
(Australia)		Sydney	manager
Limited and
each of its
holding
companies in the Deutsche
Bank Group.
	JP Morgan Custodial Services	FSS Trustee Corporation,		1,146,519	1,146,519
		as trustee of certain
	Pty Ltd	superannuation schemes under the
		Superannuation
		Administration Act
	JP Morgan	SAS Trustee Corporation,		3,333,867	3,333,867
	Custodial Services	as trustee of certain
	Pty Ltd	superannuation schemes
		under the
		Superannuation
		Administration Act
	JP Morgan	EIF Pty Ltd as trustee for		442,093	442,093
	Nominees Australia	the Energy Investment
	Limited	Fund
	JP Morgan	LGSS Pty Limited and		1,602,367	1,602,367
	Nominees Australia	LIF Pty Limited as
	Limited	Trustees of the Local
		Government
		Superannuation Scheme
		and Local Investment
		Fund respectively
	National Australia	Seafarer's Retirement		125,268	125,268
	Bank Limited	Fund Pty Ltd as Trustee
		of the Seafarer's
		Retirement Fund
	National Australia Bank Limited	Victorian Funds Management		879,152	879,152
		Corporation as trustee
		for the Government
		Superannuation Office
	National Australia	Victorian Funds		499,144	499,144
	Bank Limited	Management
		Corporation as trustee
		for the Victorian
		Transport Accident
		Commission
	National Australia	Victorian Funds		587,195	587,195
	Bank Limited	Management Corporation as trustee
		for the Victorian
		WorkCover Authority

Holder of relevant interest	Registered holder of securities	Person entitled to be registered as holder	Nature of relevant interest	Class (ordinary shares unless stated) and number of securities	Person's Votes
Deutsche Asset Management (Australia) Limited and each of its holding companies in the Deutsche Bank Group.	RBC Global Services Australia Nominees Pty Limited	Deutsche Asset Management (Australia) Limited as responsible entity for the Deutsche Australian Equities Alpha Fund	As investment manager	1,733,296	1,733,296
	RBC Global Services Australia Nominees Pty Limited	Deutsche Asset Management (Australia) Limited as responsible entity for the Deutsche Core Australian Equities Fund		47,586	47,586
	RBC Global Services Australia Nominees Pty Limited	Not applicable		12,579	12,579
	Zurich Australian Insurance Limited	Zurich Australian Insurance Limited for the Zurich Australian Insurance Limited Fund		181,426	181,426
	Zurich Investment Management Limited	Zurich Investment Management Limited as Responsible Entity for ZIM Unit Trusts		3,388,383	3,388,383
Deutsche Securities Australia Limited and each of its holding companies in the Deutsche Bank Group.	Pan Australian Nominees Pty Ltd	Pan Australian Nominees Pty Ltd	Principal	311,635	311,635
Deutsche Asset Management Limited or other foreign member of the Deutsche Bank Group and each of their holding companies in the Deutsche Bank Group.	Not available at time of filing	Not available at time of filing	As investment manager	3,641	3,641

5. Change in association

$N/A$ .

6. Addresses

Name
Deutsche Bank Group C/- Level 18, 225 George Street, Sydney, New South Wales 2000

$\ddot{4}$

Signature

Name Fonnie Mak Date 17 Jul 2003

Schedule 1 to Form 604

Group Name	ASX Stock	Trade Date Trans Type		Trans, Number	Consideration
DEUTSCHE ASSET MANAGEMENT	ILU ORD	$16 - Jun - 03$	в	5,918	$-24,802.93$
DEUTSCHE ASSET MANAGEMENT	ILU. ORD	16-Jun-03	В	10,044	$-42,095.41$
DEUTSCHE ASSET MANAGEMENT	ORD ILU.	$16$ -Jun-03	8	39,905	-167,245.85
DEUTSCHE ASSET MANAGEMENT	ORD ILU.	16-Jun-03	В	27,811	$-116,558.68$
DEUTSCHE ASSET MANAGEMENT	ILU. ORD	16-Jun-03	В	39,585	-165,904.69
DEUTSCHE ASSET MANAGEMENT	ILU. ORD	16-Jun-03	В	32,029	$-134,236.74$
DEUTSCHE ASSET MANAGEMENT	ORD ILU.	16-Jun-03	Β	58,898	$-246,847.41$
DEUTSCHE ASSET MANAGEMENT	ORD ILU.	16-Jun-03	B	81,982	$-343,594.76$
DEUTSCHE ASSET MANAGEMENT	ILU ORD	17-Jun-03	В	4,671	$-19,808.31$
DEUTSCHE ASSET MANAGEMENT	ILU. ORD	17-Jun-03	В	7,926	$-33,611.79$
DEUTSCHE ASSET MANAGEMENT	ILU. ORD	17-Jun-03	В	31,490	-133,539.64
DEUTSCHE ASSET MANAGEMENT	ORD ILU.	17-Jun-03	B	21,946	-93,066.40
DEUTSCHE ASSET MANAGEMENT	ILU. ORD	17-Jun-03	В	31,238	-132,470.99
DEUTSCHE ASSET MANAGEMENT	ORD ILU.	17-Jun-03	B	25,275	$-107,183.69$
DEUTSCHE ASSET MANAGEMENT	ILU. ORD	17-Jun-03	в	46,478	-197,099.25
DEUTSCHE ASSET MANAGEMENT	ILU. ORD	17-Jun-03	В	64,694	$-274,347.85$
DEUTSCHE ASSET MANAGEMENT	ORD ILU.	18-Jun-03	в	13,924	-58,959.79
DEUTSCHE ASSET MANAGEMENT	ORD ILU. ILU. ORD	18-Jun-03	В	23,630	-100,058.87
DEUTSCHE ASSET MANAGEMENT	ILU. ORD	18-Jun-03 18-Jun-03	В B	93,883 65,429	$-397,538.18$
DEUTSCHE ASSET MANAGEMENT DEUTSCHE ASSET MANAGEMENT	ORD ILU.	18-Jun-03	В	93,129	$-277,052.56$ -394,345.44
DEUTSCHE ASSET MANAGEMENT	ORD ILU.	18-Jun-03	В	75,351	$-319,066.27$
DEUTSCHE ASSET MANAGEMENT	ILU. ORD	18-Jun-03	В	138,566	-586,743.87
DEUTSCHE ASSET MANAGEMENT	ILU. ORD	18-Jun-03	B	192,873	$-816,701.43$
DEUTSCHE ASSET MANAGEMENT	ILU ORD	19-Jun-03	B	1,085	$-4,528.79$
DEUTSCHE ASSET MANAGEMENT	ORD ILU.	19-Jun-03	B	1,842	$-7,688.51$
DEUTSCHE ASSET MANAGEMENT	ILU ORD	19-Jun-03	B	300	$-1,250.55$
DEUTSCHE ASSET MANAGEMENT	ILU ORD	19-Jun-03	В	509	$-2,121.77$
DEUTSCHE ASSET MANAGEMENT	ILU ORD	19-Jun-03	В	7,316	$-30,536.98$
DEUTSCHE ASSET MANAGEMENT	ILU. ORD	19-Jun-03	В	2,024	$-8,437.04$
DEUTSCHE ASSET MANAGEMENT	ILU. ORD	19-Jun-03	B	5,098	$-21,279.05$
DEUTSCHE ASSET MANAGEMENT	ILU. ORD	19-Jun-03	B	1,411	$-5,881.75$
DEUTSCHE ASSET MANAGEMENT	ORD ILU.	19-Jun-03	В	7,257	$-30,290.72$
DEUTSCHE ASSET MANAGEMENT	ORD ILU	19-Jun-03	B	2,008	$-8,370.35$
DEUTSCHE ASSET MANAGEMENT	ORD ILU	19-Jun-03	B	5,872	$-24,509.73$
DEUTSCHE ASSET MANAGEMENT	ILU ORD	19-Jun-03	В	1,625	$-6,773.81$
DEUTSCHE ASSET MANAGEMENT	ILU ORD	19-Jun-03	B	10,798	-45,070.85
DEUTSCHE ASSET MANAGEMENT	ILU ORD	19-Jun-03	в	2,988	$-12,455,48$
DEUTSCHE ASSET MANAGEMENT	ILU ORD	19-Jun-03	В	195,823	$-817,365.20$
DEUTSCHE ASSET MANAGEMENT	ILU ORD	19-Jun-03	В	54,177	$-225,836.82$
DEUTSCHE ASSET MANAGEMENT	ILU ORD	19-Jun-03	Β	15,031	$-62,739.39$
DEUTSCHE ASSET MANAGEMENT	ILU ORD	19-Jun-03	В	4,159	-17,336.79
DEUTSCHE ASSET MANAGEMENT	ILU ORD	20-Jun-03	В	250,000	-1,050,000.00
DEUTSCHE ASSET MANAGEMENT	ILU ORD	24-Jun-03	в	56,936	$-235,145.68$
DEUTSCHE ASSET MANAGEMENT	ILU ORD	30-Jun-03	В	39,405	$-161,395.00$
DEUTSCHE ASSET MANAGEMENT	ILU ORD ILU ORD	04-Jul-03	$\mathbb S$	$-2,867$	12,070.07
DEUTSCHE ASSET MANAGEMENT	ILU ORD	07-Jul-03	в	77,297 79,098	$-325,683.18$ -333,793.56
DEUTSCHE ASSET MANAGEMENT DEUTSCHE ASSET MANAGEMENT	ILU ORD	08-Jul-03 11-Jul-03	Α S	$-2,087$	8,932.36
DEUTSCHE ASSET MANAGEMENT	ILU ORD	14-Jul-03	Β	38,618	$-168,772.25$
DEUTSCHE ASSET MANAGEMENT	ILU ORD	14-Jul-03	В	24,071	$-105,197.49$
DEUTSCHE ASSET MANAGEMENT	ORD ILU	14-Jul-03	D	$-137,773$	n/a
DEUTSCHE ASSET MANAGEMENT	ILU ORD	14-Jul-03	в	77,088	-336,897.69
DEUTSCHE SECURITIES	ILU ORD	16-Jun-03	Β	960	$-4,036.80$
DEUTSCHE SECURITIES	ILU ORD	16-Jun-03	S	$-21,479$	89,863.22
DEUTSCHE SECURITIES	ILU ORD	17-Jun-03	S	$-800$	3,392.00
DEUTSCHE SECURITIES	ILU ORD	17-Jun-03	B	2,400	$-10,208.00$
DEUTSCHE SECURITIES	ORD ILU	17-Jun-03	B	22,655	-96,057.20

Note: Transaction types "A" and "D" denote inspecie transfers.

Page 1 of Schedule

Schedule 1 to Form 604

Group Name	ASX	Stock		Trade Date Trans Type	Trans, Number	Consideration
DEUTSCHE SECURITIES	ILU	ORD	18-Jun-03	B	53	$-224.72$
DEUTSCHE SECURITIES	ILU	ORD	18-Jun-03	S	$-987$	4,175.88
DEUTSCHE SECURITIES	ILU	ORD	18-Jun-03	$\mathbf S$	$-1,600$	6,720.00
DEUTSCHE SECURITIES	ILU	ORD	19-Jun-03	S	$-1,000$	4,170.00
DEUTSCHE SECURITIES	ILU	ORD	19-Jun-03	В	2,046	$-8,511.36$
DEUTSCHE SECURITIES	ILU	ORD	19-Jun-03	S	$-22,655$	94,471.35
DEUTSCHE SECURITIES	ILU	ORD	19-Jun-03	B	159,511	$-665,160.87$
DEUTSCHE SECURITIES	ILU	ORD	20-Jun-03	B	480	$-2,006.40$
DEUTSCHE SECURITIES	ILU	ORD	20-Jun-03	B	6,762	$-28,468.02$
DEUTSCHE SECURITIES	ILU	ORD	23-Jun-03	S	$-1,000$	4,200.00
DEUTSCHE SECURITIES	ILU	ORD	23-Jun-03	S	$-2,080$	8,604.80
DEUTSCHE SECURITIES	ILU	ORD	24-Jun-03	S	$-1,600$	6,608.00
DEUTSCHE SECURITIES	ILU	ORD	24-Jun-03	B	10,350	$-42,711.00$
DEUTSCHE SECURITIES	ILU	ORD	$24$ -Jun-03	S	$-99,691$	411,590.83
DEUTSCHE SECURITIES	ILU	ORD	24-Jun-03	B	99,691	-411,544.39
DEUTSCHE SECURITIES	ILU	ORD	25-Jun-03	B	13,034	$-53,895.16$
DEUTSCHE SECURITIES	ILU	ORD	26-Jun-03	B	4,984	$-20,384.56$
DEUTSCHE SECURITIES	ILU	ORD	26-Jun-03	S	$-16,800$	68,705.60
DEUTSCHE SECURITIES	ILU	ORD ORD	27-Jun-03 27-Jun-03	В	198 $-348$	$-807.84$
DEUTSCHE SECURITIES	ILU			S		1,423.32
DEUTSCHE SECURITIES	ILU	ORD	27-Jun-03	S	$-800$	3,256.00
DEUTSCHE SECURITIES	ILU	ORD	27-Jun-03	Β S	2,364	$-9,621.48$
DEUTSCHE SECURITIES DEUTSCHE SECURITIES	ILU ILU	ORD ORD	27-Jun-03 27-Jun-03	Β	$-3,147$ 25,194	12,776.82 $-102,543.84$
DEUTSCHE SECURITIES	ILU	ORD	30-Jun-03	B	4,610	$-18,910.90$
DEUTSCHE SECURITIES	ILU	ORD	30-Jun-03	S	$-5,760$	23,584.00
DEUTSCHE SECURITIES	ILU	ORD	30-Jun-03	S	$-6,500$	26,715.00
DEUTSCHE SECURITIES	ILU	ORD	01-Jul-03	S	$-500$	2,050.00
DEUTSCHE SECURITIES	ILU	ORD	01-Jul-03	B	652	$-2,634.08$
DEUTSCHE SECURITIES	ILU	ORD	01-Jul-03	S	$-2,328$	9,731.04
DEUTSCHE SECURITIES	ILU	ORD	01-Jul-03	S	$-10,840$	44,822.00
DEUTSCHE SECURITIES	ILU	ORD	01-Jul-03	Β	120,195	-499,899.67
DEUTSCHE SECURITIES	ILU	ORD	01-Jul-03	S	$-120,195$	499,895.86
DEUTSCHE SECURITIES	ILU	ORD	02-Jul-03	S	$-4,800$	20,232.00
DEUTSCHE SECURITIES	ILU	ORD	03-Jul-03	B	810	$-3,402.16$
DEUTSCHE SECURITIES	ILU	ORD	03-Jul-03	в	3,080	$-12,966.80$
DEUTSCHE SECURITIES	ILU	ORD	03-Jul-03	S	$-4,800$	19,968.00
DEUTSCHE SECURITIES	ILU	ORD	03-Jul-03	Β	23,207	$-97,474.04$
DEUTSCHE SECURITIES	ILU	ORD	03-Jul-03	В	116,756	-490,398.55
DEUTSCHE SECURITIES	ILU	ORD	03-Jul-03	S	$-140,773$	591,274.75
DEUTSCHE SECURITIES	ILU	ORD	04-Jul-03	B	2,320	$-9,711,20$
DEUTSCHE SECURITIES	ILU	ORD	04-Jul-03	S	$-2,400$	9,960.00
DEUTSCHE SECURITIES	ILU	ORD	04-Jul-03	B	2,628	$-10,932.48$
DEUTSCHE SECURITIES	ILU	ORD	07-Jul-03	S	$-2,585$	10,908.70
DEUTSCHE SECURITIES	ILU	ORD	08-Jul-03	S	$-1,179$	5,057.91
DEUTSCHE SECURITIES	ILU	ORD	08-Jul-03	B	7,000	-30,079.70
DEUTSCHE SECURITIES	ILU	ORD	09-Jul-03	S	$-5,821$	25,204.93
DEUTSCHE SECURITIES	ILU	ORD	09-Jul-03	₿	50,000	$-214,155.00$
DEUTSCHE SECURITIES	ILU	ORD	10-Jul-03	₿	7,000	$-29,932.00$
DEUTSCHE SECURITIES	ILU	ORD	11-Jul-03	Β	550	$-2,370.50$
DEUTSCHE SECURITIES	ILU	ORD	$11 - Ju - 03$	B	51,055	-220,689.68
DEUTSCHE SECURITIES	ILU	ORD ORD	11-Jul-03 14-Jul-03	S S	$-51,055$ $-10,929$	220,690.34 47,978.31
DEUTSCHE SECURITIES	ILU
DEUTSCHE SECURITIES	ILU	ORD ORD	14-Jul-03 $15 -$ Jul-03	B	35,000 6,000	$-153,650.00$
DEUTSCHE SECURITIES DEUTSCHE SECURITIES	ILU ILU	ORD	15-Jul-03	B S	$-10,928$	$-26,100.00$ 48,083.20
DEUTSCHE SECURITIES	ILU	ORD	15-Jul-03	B	21,857	$-96,061.51$
DEUTSCHE SECURITIES	1LU	ORD	15-Jul-03	B	61,785	$-269,042.60$

Note: Transaction types "A" and "D" denote inspecie transfers.

Page 2 of Schedule