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Why this $2.3 billion ASX 200 mining stock just crashed 9%

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The Iluka Resources Ltd (ASX: ILU) share price is being hit hard on Wednesday.

In morning trade, the $2.3 billion ASX 200 mining stock is down 9% to $4.84.

Why is this ASX 200 mining stock crashing?

This mineral sands company’s shares have come under pressure today…



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