Oct 31 (Reuters) - Iluka Resources Ltd ILU.AX :
* ILUKA RESOURCES LTD - COMMENCED A FORMAL REVIEW OF CORPORATE AND CAPITAL STRUCTURE OF MINERAL SANDS OPERATIONS AND MINING AREA C ROYALTY
* ILUKA RESOURCES LTD - REVIEW WILL CONSIDER A RANGE OF OPTIONS INCLUDING STRUCTURAL SEPARATION OF MAC BY WAY OF DEMERGER