Iluka Resources sales halve while major minsands mine idled
By John Ollett
Published: Thursday, 17 January 2013
Zircon and rutile sales drop 60% while production to be slashed during 2013
Global number
two mineral sands producer Iluka Resources Ltd finished up a
hard year with combined zircon, rutile, and synthetic rutile
sales cut in half, revenues down by 30% and a continuing slide
in prices.
To combat this during 2013, the Australian company indicated
that it will be taking a...