Demerger of Iluka's lucrative MAC royalty again on the table

MINERAL sands major Iluka Resources is yet again considering demerging its lucrative Mining Area C iron ore royalty, with a swag of consultants brought in to advise it on merits or otherwise of the initiative.

Demerger of Iluka's lucrative MAC royalty again on the table Demerger of Iluka's lucrative MAC royalty again on the table Demerger of Iluka's lucrative MAC royalty again on the table Demerger of Iluka's lucrative MAC royalty again on the table Demerger of Iluka's lucrative MAC royalty again on the table

Iluka working on how best to shape its business so as to "fully capitalise"

While the royalty has generated Iluka about A$850 million in earnings (EBITDA) since BHP began mining the "North Flank" of the ground in the Pilbara in October 2003 - including $41 million in the