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Iluka reports 85% Q2 sales boost

20 July 2010

by Mark Watts

Zircon focus pays dividends as minsands miner’s revenues almost double in Q2

Keywords: Iluka Resources, Murray Basin, Jacinth-Ambrosia, rutile, zircon, mineral sands

Iluka Resources Ltd almost doubled its Q2 revenue compared to the same period last year drive by increased zircon and rutile sales, the Australian company reported.Sales revenue (pre-hedging) increased 85.3% year on year to $229m., rising 53.3% from Q1 2010. First half zircon and rutile sales rose nearly...