Iluka Resources Limited (ILKAY) on Wednesday reported a loss for the 2025 financial year as impairments and inventory write-downs weighed on results.
The company posted a net loss of A$288 million compared with a profit of A$231 million in the prior year. The results were significantly impacted by accounting adjustments totalling A$566 million (pre-tax) relating to impairments and inventory write-downs
Underlying Group EBITDA fell to A$329 million from A$499 million previously.
Underlying mineral sands EBITDA declined to A$300 million from A$477 million.
Revenue from mineral sands fell to A$976 million from A$1.129 billion, reflecting subdued demand, macroeconomic uncertainty and changes in the pigment industry.
The board declared a final dividend of 3 cents per share, fully franked, bringing the full-year dividend to 5 cents per share, fully franked, down from 8 cents in 2024.
For comments and feedback contact: editorial@rttnews.com
Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.