Iluka non-executive Gavin Rezos is on the board of Metalysis.

Iluka ups stake in Metalysis

Mineral sands miner Iluka Resources has made good on its commitment to invest further in UK technology company Metalysis, announcing today a $12.2 million injection into the business with plans for a further $8.1 million soon.

Iluka holds a 20.8 per cent stake in Metalysis, which is developing technology that has the potential to produce titanium powder directly from rutile and synthetic rutile.

The miner planned to increase its stake in the business last year, but deferred the investment until today.


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Share Price

Closing price for the last 90 trading days
Source: Morningstar

BN30 Index

Index = 100 as of 4 Jan 2016
Source: Morningstar

Total Shareholder Return as at 30/11/17

1 year TSR5 year TSR
184thNorthern Star Resources65%37%
207thIluka Resources53%4%
237thRegis Resources44%-3%
444thAtlas Iron0%-57%
565thResolute Mining-16%-11%
727 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

$38k Bought
$40k Bought
$792k Bought
Total value as at the date of the transaction
Source: Morningstar


5th↑Atlas Iron$896.6m
6th↓Northern Star Resources$850.6m
7th↓Iluka Resources$779.3m
8th↑Resolute Mining$560.8m
9th↑Regis Resources$547.2m
491 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Iluka Resources

59thSteve Wickham$1.058m
63rdMatthew Blackwell$1.046m
71stAlan Tate$988k
Ranked by total remuneration from all listed WA companies

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