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Iluka revenue declines, insists market improving

By Cameron Perks
Published: Friday, 24 February 2017

Despite a weaker financial performance in 2016, the mineral sands producer focused on the future, with hopes that 2017 might mark an upswing in its markets.

ASX-listed mineral sands producer Iluka Resource Ltd released its full year results, labelling its financial performance as "disappointing", but said it hopes that 2017 will be the beginning of an upswing in market conditions for both titanium dioxide (TiO2) and zircon.

Iluka’s mineral sands revenues declined by 11.4% to Australian dollar...

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