Iluka mineral sands revenue stable y-o-y as market shows signs of recovery

By Kasia Patel
Published: Thursday, 16 October 2014

With higher capacity utilisation rates from pigment producers and a rise in demand from the welding industry, Iluka is encouraged that zircon demand will continue to be relatively stable, while demand for TiO2 feedstocks seems to be recovering.

Mineral sands revenue for Iluka Resources Ltd has remained relatively stable year-on-year (y-o-y), however owing to lower received prices for zircon, rutile and ilmenite, year-to-date revenues dipped 7.1%, the producer revealed today.

Total revenue for mineral sands stood at Australian dollar (A$) 147.7m ($128.9m*) for the quarter, compared with...

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