Exploration is a key component of Iluka's growth platform.

Iluka maintains a technically experienced exploration function​ with a major focus on delineating Mineral Resources as part of the commercial evaluation process for new developments which can, following detailed feasibility studies, result in Mineral Resources and Ore Reserve additions.

Mineral sands drilling costs tend to be materially lower than other minerals (including hard rock) exploration due to typically unconsolidated sands and shallower drilling horizons.

 Iluka tenement position (mineral sand exploration) at the end of 2016  
 Region  Approx Sq km
 Eucla Basin, South Australia 22,566
 Murray Basin (SA, NSW, VIC)  6,801
 Perth Basin (WA)  570
 Other (Australia)  2,616
 Brazil  243
 Sri Lanka  164
 Other 296 
 Total  86,944

Exploration Expenditure 2016