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05 2017
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Iluka: both sales and price up in market recovery

May 8 2017      Source:ruidow

Keywords:iluka

In its release 2017 annual report first quarter on April 20th, Iluka has achieved significant growth in both sands production and sales. Zircon sands/rutile/synthetic rutile (Z/R/SR for short) output surged 52.9% to 232000 tons. And sales for Z/R/SR in Q1 skyrocketed 131.5% y-o-y. 

Zircon sands output for Q1 rallied 49.5% y-o-y to 110900 tons, rutile gained 112.5% y-o-y growth to 67800 tons, including 35700 tons output from Sierra Rutile. Its in-house rutile climbed 26.9% to 32100 tons, excluding those from SR, indicating stock decline in MB. 

Driven by sharp increase in sales, revenue for Z/R/SR in Q1 surged 118.5% y-o-y. Meanwhile, zircon and rutile price rally is another vital factor. 

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