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Iluka dismisses Consolidated Rutile report

ILUKA Resources has not given up its attempt to persuade Consolidated Rutile shareholders that its $1 per share bid for the Queensland mineral sands producer is fair and reasonable.

Greg Tubby

In a lengthy response to Consolidated Rutile's statement, Iluka targeted key aspects of an independent expert's report prepared by Deloitte Corporate Finance, which valued the takeover target at $1.11-1.31....

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