Iluka Mineral Sands Sales Down 20%

Iluka Resources Ltd of Australia has reported first half mineral sands (zircon, rutile, synthetic rutile) sales of 242,000 tonnes, down 20% from the first half of 2019, reflecting the impact of COVID-19 on demand in zircon markets, as well as lower than expected sales to contracted customers for synthetic rutile. First half minerals sands sales revenue fell 16.3% to AUS$456.5 million (US$330.0 million).

Volume 34, Issue 16

Leave a Reply