Rio revises down TiO2 guidance further in wake of softening demand

By Myles McCormick
Published: Thursday, 16 July 2015

The Anglo-Australian miner has reported a significant drop in titanium dioxide and salt production for H1 2015, alongside a moderate drop in borates production.

Rio Tinto’s Q2 results, published today, showed an 18% drop in first half 2015 titanium dioxide (TiO2) slag production to 624,000 tonnes, which the Anglo-Australian miner blamed on a further decline in demand for the material.

The company put the decline in year-on-year (y-o-y) output down to the continued...

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