Sierra Rutile, a subsidiary of Iluka Resources, is a multi-mine operation located in the Bonthe and Moyamba districts, south west Sierra Leone.
Sierra Rutile has the world’s largest natural rutile deposit and encompasses two operations at Lanti and Gangama; a mineral separation plant; and a dedicated port facility. Sierra Rutile’s main product stream is natural rutile and the operation also produces smaller quantities of ilmenite and zircon (in concentrate).
A Demerger Resolution to approve the proposed Demerger of Sierra Rutile will be put to Iluka Shareholders at an Extraordinary General Meeting to be held on Friday, 22 July 2022.
It is anticipated that SRX will list on the ASX during July 2022.
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