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Rising mineral sand prices buoy Iluka profits

By Cameron Perks
Published: Tuesday, 25 July 2017

Higher zircon and rutile prices have supported ASX-listed Iluka's profit in the first half of 2017, while the producer expect restocking to continue for the rest of the year.

Australia-based mineral sands group Iluka Resources reported rising revenues, supported by increasing prices for both rutile and zircon, the company said on 24 July. 

Due to improved mineral sands market conditions in the first half of 2017, zircon, rutile and synthetic rutile sales volume jumped by 43% year-on-year to...

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