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Iluka Resources Limited

( ASX:ILU ) - Materials

News

Analyst Views

ILU – Citi rates the stock as Buy

Iluka has finalised a deal with the IFC whereby IFC will invest and aggregate US$60m and take a 10% stake in the Sierra Leone assets. This leads to a -1% decrease in the company's annual earnings estimate and a slight downward revision in valuation, Citi calculates. Buy rating and $11 target maintained.

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