Break it Down: Iluka’s rare earths refinery gets $400M lifeline

Stockhead’s Break it Down brings you today’s leading market news in under 90 seconds.

In this episode, host Sarah Hughan tells all on Iluka Resources’ (ASX:ILU) announcement the Australian Government would make the assist with another $400M on a plan to deliver Australia’s first rare earths refinery.

It puts an end to months of uncertainty for Iluka Resources, which warned the Federal Government it would need support for ambitions to disrupt China’s rare earth dominance.

Tune in to get the latest.