A strategic processing hub

Rare earths are among the key building blocks of an electrified economy. Iluka’s state-of-the-art refinery will enable processing of a range of feedstocks, including those of third party producers. The globally significant refinery will establish Western Australia as a strategic hub for the downstream processing of rare earth resources.

From 2025, Iluka will produce the rare earth oxides neodymium, praseodymium, dysprosium, terbium and more.

Supported by the Australian Government

Under the Australian Government’s $2 billion Critical Minerals Facility, Iluka has secured a $1,050 million non-recourse loan for the development of the Eneabba rare earths refinery. The establishment of a risk sharing arrangement with the Australian Government provides a robust platform for Eneabba’s success as a sustainable and globally competitive source of separated rare earth oxides. This support also reflects the Eneabba project’s strong alignment with the Critical Minerals Strategy and significance as Australia’s first fully integrated rare earths refinery.

A multi-decade facility

Beyond the Eneabba stockpile, Iluka holds additional mineral sands deposits that could serve as feed source for the refinery, including the Wimmera project in Victoria. The flexibility of the refinery design will also enable a range of  third party deposits to serve as long life rare earth concentrate feed source if required.

Further information can be found on our Engagement Hub