Tronox Revenue Boosted 85% by Addition of Cristal

Tronox Ltd of Stamford, CT has announced an 85% increase in revenue, to US$722 million, for the first quarter of 2020. In the quarter, the company recorded a net income from continuing operations of US$40 million compared with a net loss of US$30 million in the first quarter of 2019. The company notes that all...

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Rio Tinto Feedstock Production Reduced

Rio Tinto plc of England has reported first quarter titanium dioxide slag production of 293,000 tonnes, 1% lower than in the first quarter of 2019, partly due to COVID-19 restrictions in Quebec and South Africa. The company has reduced mining operations at Richards Bay Minerals in compliance with a government directive to effect a lockdown...

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Venator Targets Cost Competitiveness

Venator Materials Plc of the UK has reported a net loss of US$174 million on revenues of US$2.13 billion in 2019 compared with a 2018 net loss of US$163 million on revenues of US$2.26 billion. In the fourth quarter of 2018, Venator recorded a net loss of US$173 million on revenues of US$464 million compared...

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Iluka Reports Lower Mineral Sands Production

Iluka Resources Ltd of Australia has reported full year 2019 zircon, rutile and synthetic rutile production of 702,000 tonnes, down 4% from 2018. Sales were 17.7% lower at 680,800 tonnes. The company’s ilmenite production was 19.4% lower at 318,600 tonnes and sales 23.9% lower at 170,800 tonnes. During the year, Iluka signed a sales take-or-pay...

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Venator Materials Reviews Future of Color Pigments Business

Venator Materials Plc of the UK has reported a third quarter net loss of US$19 million on revenues of US$526 million compared with a net loss of US$368 million on revenues of US$533 million in the corresponding period of 2018. Simon Turner, Venator’s CEO, said, “We remain on track with our strategic initiatives. We have...

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