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Iluka lifts 2017 full-year production forecast

By William Clarke
Published: Wednesday, 16 August 2017

The mineral sands miner reports profits hit by writedowns, but rising prices and output lift earnings.

Write-downs deepened the losses of mineral sand miner Iluka in Q2, but earnings and revenues from its commodity sales increased due to rising volumes and prices, and the company upgraded its full year production outlook.

The company forecast increased and volumes for the rest of the year, and it will...

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