Theuns de Bruyn takes over Sierra Rutile, Iluka looks for investor
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▪ Theuns de Bruyn takes over Sierra Rutile, Iluka looks for investor
▪ Jeune Afrique Business+ brings you the story.
▪ https://www.africabusinessplus.com/en/806923/theuns-de-bruyn-takes-over-sierra-rutile-and-iluka-is-looking-for-an-investor/
The Australian mineral sands producer (rutile, zircon, ilmenite) Iluka Resources, which bought Sierra Rutile in 2016 for $375 million, is deploying a “company efficiency” programme to achieve between $30 and $40 million in savings.
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