Capel Mineral Sands Project

Western Australia

  • Brownfield high quality ilmenite exploration and development project
  • Previously held by Tronox (NYSE:TROX), a global, vertically integrated producer of titanium dioxide and inorganic chemicals
  • Exploration1 conducted by Iluka identified shallow HM mineralisation including:
    • 21m at 3.3% HM from surface (RB007)
    • 21m at 2.6% HM from surface (RB001)
    • 18m at 2.2% HM from surface (RB003)
  • Drilling program planned to test continuity of mineralisation
  • Potential for high quality ilmenite resource
  • Multiple synergies with global mineral sands miners operating in the region
1 – Wamex Report Number – A97325