BRIEF-Iluka Resources Flags Impariment Charges in FY Results

Reuters
Jan 29
BRIEF-Iluka Resources Flags Impariment Charges in FY Results

Jan 29 (Reuters) - Iluka Resources Ltd ILU.AX:

  • FY ADJUSTED MINERAL SANDS EBITDA AUD 300 MILLION

  • IMPAIRMENT OF CARRYING VALUE OF MINERAL SANDS BUSINESS UNIT & NET REALISABLE VALUE ADJUSTMENT TO INVENTORY RECOGNISED IN FY RESULTS

  • FY RESULTS TO INCLUDE EXCEPTIONAL CHARGES TOTALLING A$565 MILLION PRE-TAX

Further company coverage: ILU.AX

((Reuters.Briefs@thomsonreuters.com;))

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