Iluka Resources is one of the world's largest mineral sands companies and is diversifying into rare earth refining through its Eneabba Rare Earths Refinery project in Western Australia. The company brings decades of heavy minerals processing experience and substantial financial resources to the rare earth sector. Iluka's entry represents a significant scaling opportunity for Australian rare earth production capacity, with plans to process concentrates from multiple sources including its own monazite stockpiles.
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