Mineral Resource and Ore Reserve Governance Mineral Resource and Ore Reserves are estimated by suitably qualified Iluka personnel or external personnel in accordance with the requirements of the JORC Code, industry standard techniques and internal guidelines for the estimation and reporting of Ore Reserves and Mineral Resources.

 

All Mineral Resource estimates and supporting documentation are reviewed by a Competent Person employed by Iluka Resources. If there is a material change in an estimate of a Mineral Resource or if the estimate is an inaugural Mineral Resource, the estimate and supporting documentation are further reviewed by a suitably qualified external Competent Person.

 

All Ore Reserves estimates and supporting documentation are reviewed by an Iluka Competent Person. All Ore Reserve estimates are prepared in conjunction with pre-feasibility studies which consider all material factors.

 

The Ore Reserves and Mineral Resources Statement included in the Annual Report is reviewed by a suitably qualified external Competent Person prior to its inclusion.