Robust start for Iluka spin-out business

DETERRA Royalties completed the last step of its demerger from mineral sands miner Iluka Resources on Friday, as it started trading on the Australian Securities Exchange.

Robust start for Iluka spin-out business Robust start for Iluka spin-out business Robust start for Iluka spin-out business Robust start for Iluka spin-out business Robust start for Iluka spin-out business

Julian Andrews

Deterra, which claims a royalty over BHP's Mining Area C iron ore mine as its flagship asset, saw around around five million shares change hands on its first day of sale, despite the fact its top 20

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