Mineral sands miner Iluka Resources has opted to pay back JobKeeper subsidies it received from the Morrison government after a recovery in some markets and as it pursues plans to become a major player in rare earths.
However, Iluka will temporarily shut down synthetic rutile processing at Capel in Western Australia amid a legal battle with US chemicals heavyweight Chemours.
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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
