Iluka revenue declines, insists market improving
Published: Friday, 24 February 2017
Despite a weaker financial performance in 2016, the mineral sands producer focused on the future, with hopes that 2017 might mark an upswing in its markets.
ASX-listed mineral sands producer Iluka
Resource Ltd released its full year results, labelling its
financial performance as "disappointing", but said it hopes
that 2017 will be the beginning of an upswing in market
conditions for both titanium dioxide (TiO2) and
Iluka’s mineral sands revenues declined by
11.4% to Australian dollar...