Iluka signs $220m rare earths offtake deal with mystery automaker (opens original article in a new tab)

Iluka Resources has signed a $220 million offtake deal with an unnamed global automaker to support its Western Australia refinery operations.

• Iluka Resources signed a $220 million offtake deal with an unnamed global automaker.
• The deal supports the first four years of operations at Iluka's $1.8 billion refinery in Western Australia.
• Iluka will receive minimum floor prices for rare earth oxides used in electric vehicles, wind turbines, and weaponry.