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Iluka to halt rare earths refinery unless Labor caves in on funding

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Iluka Resources has ramped up pressure on the Albanese government to kick loose more taxpayer funding to complete Australia’s first fully integrated rare earths refinery.

Tom O’Leary-led Iluka maintains the refinery is vital to Australia’s security and energy transition, as well as the government’s critical minerals ambitions, but the future of the project at Eneabba in Western Australia is in the balance.

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Brad Thompson writes across business and politics from Western Australia for The Australian Financial Review. Brad is based in our Perth bureau. Connect with Brad on Twitter. Email Brad at brad.thompson@afr.com

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    Original URL: https://www.afr.com/companies/mining/iluka-to-halt-rare-earths-refinery-unless-labor-caves-in-on-funding-20240821-p5k44m