Iluka Resources (ASX:ILU) recently announced the reduction of its CAPEX guidance for the fiscal year 2023.
The company has revised it to A$390 million.
The expected capital expenditure for the Eneabba rare earths refinery in 2023 is projected to be A$150 million.
Iluka Resources is a global provider of zircon and titanium minerals, with operations concentrated in Australia.
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