Iluka Resources has opted to push ahead with its $425 million takeover of mineral sands rival Sierra Rutile despite identifying issues with two of the London-listed company's tailings dams.
The decision to move forward with the deal lifts what appears to be the final shadow over its completion, more than four months after it was first announced in early August.
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Tess Ingram is a journalist with WAtoday. She was previously a reporter in The Australian Financial Review's Perth bureau, covering business, economics and politics. Connect with Tess on Twitter.
