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Iluka moves on royalty demerger

Dividend scrapped due to uncertainty

Kristie Batten
Iluka managing director Tom O'Leary

Iluka managing director Tom O'Leary

The MAC royalty generated EBITDA of $48 million in the June half, up 16% due to strong iron ore prices. The new business has been named Deterra Royalties. "Meaning of or from the earth," said Iluka...

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