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