Iluka slumps to $56M loss

THE global economic crisis has had a marked effect on Iluka’s half year results, with the mineral sands miner reporting a $A55.8 million net loss and a 50% plunge in sales revenue.

Iluka slumps to $56M loss Iluka slumps to $56M loss Iluka slumps to $56M loss Iluka slumps to $56M loss Iluka slumps to $56M loss

Iluka's $55.8 million loss for the first half 2009 was down from a $15.6 million profit in the previous corresponding period.

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