Iluka Resources Limited (Iluka) is engaged in the exploration, mining, concentration and separation of mineral sands, production of ilmenite, rutile, synthetic rutile and other titaniferous concentrates and zircon, and sales of these products globally. Iluka holds a 51.04% interest in the Australian mineral sands mining company, Consolidated Rutile Limited. Outside the core mineral sands business Iluka has a royalty interest in specific parts of BHP Billiton's Mining Area C iron ore region in the north west of Western Australia. The Company’s subsidiaries include Iluka Corporation Limited, Basin Minerals Limited, Iluka Midwest Limited, The Nardell Colliery Pty Limited, Iluka Administration Limited, Iluka Resources Inc., Iluka Exploration Pty Limited, Ashton Coal Interests Pty Limited, Iluka (Eucla Basin) Pty Limited and Consolidated Rutile Limited. On January 15, 2008, the Company sold its interest in the Narama Coal joint venture.