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Iluka up and down

MINERAL sands giant Iluka Resources’ year-on-year sales revenue dipped 5.8% in the September quarter despite an 8.8% increase in year-to-date sales in the wake of lower zircon prices and a greater proportion of rutile and synthetic rutile in the sales mix.

Karma Barndon
Iluka's Capel, WA mine

Iluka's Capel, WA mine

While the sale of 451,600tonnes of zircon/rutile/synthetic rutile this year-to-date was higher than the corresponding 2015 period of 415,000 unit revenue per tonne was down 13.5% and unit cost of goods...

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