Sierra Rutile bribery scandal unlikely to affect Iluka operations

ASX-listed mineral sands miner Iluka said on Wednesday that a bribery scandal at its recently acquired Sierra Rutile operations, in Sierra Leone, was unlikely to have a material impact on the company. Reports emerged this week that Iluka had uncovered suspected bribe payments made by London-listed Sierra Rutile, prior to Iluka acquiring the company in a A$375-million transaction in December of last year.