Industrial Minerals


Iluka sales surge 53% in Q4 on zircon and rutile prices

12 January 2012

by Mark Watts

Zircon demand dipped on economy, Chinese gov. controls, Australian miner says

Keywords: Iluka Resources, rutile, synthetic rutile, mineral sands, TiO2, titanium dioxide

Iluka Resources Ltd reported a 53% increase in sales for the fourth quarter of 2012 driven by price increases for zircon and rutile.

The group, which is based in Perth, Australia, posted revenues of A$434m ($449m) for Q4 2011, up from A$283.4m ($293m) during the same period in 2010. Annual sales rose 76% to A$1.54bn. ($1.6bn)

Iluka increased zircon sales volumes by 7.5% in...