Iluka in talks for more taxpayer funding for rare earths refinery
Brad ThompsonReporter
Iluka Resources is in talks with the Albanese government about the future of Australia’s first rare earths refinery after revealing a building cost blowout is at the top end of what it feared two months ago.
Perth-headquartered Iluka said on Wednesday that the new price tag on the refinery was $1.7 billion to $1.8 billion, at the top end of the blowout range it warned investors about in December.
Loading...
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Introducing your Newsfeed
Follow the topics, people and companies that matter to you.
Find out moreRead More
Latest In Mining
Fetching latest articles