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Iluka cuts jobs, closes mine

ILUKA Resources has decided to mothball its Jacinth-Ambrosia mine in South Australia, the world’s largest zircon operation.

Andrew Duffy
Iluka cuts jobs, closes mine

The suspension will kick in from mid-April and will last 18 to 24 months, depending on market conditions. It is aimed at cutting group production costs amid persistently low mineral sands prices. “The...

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