Iluka set to receive MAC royalties

ROYALTIES from BHP Billiton's Mining Area C iron ore will soon start flowing to Iluka Resources thanks to an overhang from the 1998 merger of Westralian Sands and RGC to form the mineral sands giant.

Iluka set to receive MAC royalties Iluka set to receive MAC royalties Iluka set to receive MAC royalties Iluka set to receive MAC royalties Iluka set to receive MAC royalties

BHPB, which owns 85% of MAC, gave the project the green light in April 2002 and in July this year said it was accelerating development to a capacity of 15 million tonnes a year by the first quarter of

loader