Iluka profit plunges

ILUKA’S bottom line has taken another hit, with the mineral sands miner forecasting an $A18 million profit for 2013, down from $363 million in 2012.

Iluka profit plunges Iluka profit plunges Iluka profit plunges Iluka profit plunges Iluka profit plunges

The downgrade comes on the back of falling commodity prices and new equipment write-downs and rehabilitation costs.

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