Synthetic rutile wrangle hits Iluka

MINERAL sands miner Iluka Resources has warned it won’t complete sales of all planned synthetic rutile this calendar year after the default on a take-or-pay contract of an unidentified customer for a shipment that was scheduled for May, and another customer has warned it may not be able to take its full volumes.

Synthetic rutile wrangle hits Iluka Synthetic rutile wrangle hits Iluka Synthetic rutile wrangle hits Iluka Synthetic rutile wrangle hits Iluka Synthetic rutile wrangle hits Iluka

Iluka has produce more than its customers can take.

Iluka had expected to sell 175,000 tonnes of synthetic rutile to its offtake partners in 2020, for which 78,000t has been sold to date.

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