Iluka Q2 Mineral Sands Production Rises

Iluka Resources Ltd of Australia has reported second quarter mineral sands (zircon, rutile, synthetic rutile) production of 301,800 tonnes, up 31.2% from the same period of 2018. Second quarter minerals sands sales revenue decreased by 10% to AUS$301.8 million (US$207.2 million). Sales price increases were achieved across the product suite. Iluka’s weighted average zircon premium...

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Ferroglobe Hit by Lower Silicon Demand, Prices

Ferroglobe plc of London, England has announced a second quarter net loss of US$43.7 million on sales of US$409.5 million in the second quarter of 2019 compared with a net profit of US$66.0 million on revenue of US$577.9 million in the second quarter of 2018. The loss reflects lower sales volumes and lower realized prices...

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SQM Reports Higher Lithium Sales Volume, Offset by Lower Prices

Sociedad Quimica y Minera de Chile SA (SQM) of Santiago, Chile has reported a first half net income of US$150.7 million on revenues of US$998.4 million compared with US$247.7 million on revenues of US$1.16 billion in the first half of 2018. The revenue decrease reflects lower sales in the company’s Lithium, Specialty Plant Nutrition, Potassium...

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RHI Magnesita Earnings Benefit from Strong Industrial Performance

RHI Magnesita NV of Austria has reported a 2.2% increase in first half revenue, to €1.54 billion (US$1.70 billion). The increase reflects the strength of the US dollar and a strong performance from its Industrial division, offset by a weaker performance in the Steel division. Adjusted EBITDA increased by 12.3% to €234 million (US$258 million)....

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CRH Reports Significant H1 Earnings Growth

CRH plc of Ireland has reported first half EBITDA of €1.54 billion (US$1.70 billion) on sales revenue of €13.22 billion (US$14.64 billion) compared with EBITDA of €1.13 billion (US$1.25 billion) on sales of €11.94 billion (US$16.20 billion) in the first half of 2018. The company benefited from a positive underlying demand backdrop in both Europe...

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