Iluka paints strong quarter

MINERAL sands player Iluka Resources has enjoyed a strong start to the new year, thanks to strong market conditions in both its key zircon and high-grade titanium dioxide markets, with both revenue and production rising.

Iluka paints strong quarter Iluka paints strong quarter Iluka paints strong quarter Iluka paints strong quarter Iluka paints strong quarter

Sierra Rutile

A lot of the income, A$264 million, was directed to debt repayment, with net debt knocked down substantially from $183 million at December 31 to $108 million at March 31.