Industrial Minerals


Australia’s Iluka boosts annual minsands output

28 February 2011

by Jack Elliott

Total production increased 28.5% in 2010 driven by tightening supply

Keywords: Iluka Resources, ilmenite, rutile, zircon, titanium dioxide, TiO2

Iluka Resources Ltd reported a 28.5% increase in minerals sands production in 2010 to 1.48m. tonnes, as zircon, rutile and ilmenite output rose from 2009 levels, the Australian group said.

The company reported a 51.8% increase in annual mineral sands revenue in 2010 to A$874.4m. ($897m.) from A$576m., while operating profit recovered from a A$100.6m. loss to a gain of A$31.6m....