Iluka Resources

SciDev Ltd was awarded a three-year contract with Iluka Resources to supply MaxiFlox chemistry to the Jacinth-Ambrosia zircon mine in South Australia, expected to be worth A$8-12 million.

The German Antitrust Authority cleared the merger between Sierra Rutile and Iluka Investments. The merger is expected to become effective and close on 29 November 2016. Sierra Rutile shareholders will receive 36 pence cash per share, and Iluka Resources will assume Sierra Rutile's debt of approximately US$60 million.