Iluka is a major participant in the global mineral sands industry. It is involved in the exploration, project development, operation and marketing of mineral sands products. Its main assets and operations are located in Australia, with a mining and processing operation also in Sierra Leone.
Iluka is the largest producer of zircon, with an approximate market share of one third, and is the second largest producer of high grade titanium dioxide minerals (rutile and synthetic rutile). The company also has a royalty over iron ore sales revenues from tenements of BHP Billiton's Mining Area C (MAC) province in the north west of Western Australia.