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Lower production fails to dent Iluka's confidence

MINERAL sands miner Iluka Resources has posted a 23% fall in production of its key products for the first quarter due to a planned production suspension in February and March to manage inventory levels.

Iluka has restarted production early.

Iluka has restarted production early.

Zircon, rutile, and synthetic rutile production was 125,000 tonnes for the quarter and, while output was down, sales were up 29% to 215,500t, and Iluka said key markets for its products were looking much...

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