Loss-making Iluka’s sales plunge

By Mark Watts
Published: Thursday, 25 February 2010

Australian minsands producer posts A$114m. loss as global zircon sales half

Zircon sales at Iluka Resources Ltd more than halved in 2009 as the Australian mineral sands producer reported a loss-making year.


Iluka posted a A$114.3m. ($102m.) loss in earnings before interest and tax (EBIT) compared with a gain of A$41.1m. ($37m.) in 2008.



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