Iluka forecasts weak zircon sales, prices

By William Clarke
Published: Wednesday, 21 August 2019

Trade headwinds created by trade wars and Chinese environmental controls are threatening the demand for zircon from the ceramic industry, according to major producer Iluka.

Iluka Resources, the world’s biggest producer of zircon, has downgraded its sales forecasts in the wake of international economic headwinds.

Although zircon prices remained high at the latest assessment in mid-August, the company reported sales volumes for the six months to June 31 at only 133,000 tonnes, down by...

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