CAPITAL MARKETS

Iluka sees second half pick-up

THE financial crisis has taken its toll on mineral sands miner Iluka with sales revenues “markedly lower” than last year, but there are signs of improvement with demand for its products almost doubling in the September quarter.

Kate Haycock
Iluka sees second half pick-up

Revenues for the year to date came to $A348.7 million, down 42% from $601.7 million during the same period last year. Iluka said in the three months to September 30 its combined zircon, rutile and synthetic...

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