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Iluka walks away from Kenmare

Mineral sands giant ditches merger plans.

Andrew Duffy
An aerial view of the mine pond, processing plant and jetty at Moma.

An aerial view of the mine pond, processing plant and jetty at Moma.

The breakdown comes on the back of a deal lobbed by Iluka in June, which was lowered in April and then again last month due to the deteriorating market. In an update this morning Iluka said it was walking...

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