Iluka Resources output surges

Company News

Iluka Resources Limited (ASX:ILU) has recorded a lift in revenue in its quarterly production report.
 
The mineral sands miner reported third-quarter revenue totalled $185.9 million, versus $147.7 million the previous year.
 
Iluka Resources produced 198.1 thousand tonnes of zircon, rutile and synthetic rutile during the September quarter.
 
The miner noted global and regional economic conditions continue to weigh on market sentiment and, in some cases, buyer behaviour. However, end-use demand for titanium and zircon does not appear to have softened relative to 2014.
 
Iluka Resources recorded a net profit of $20.4 million at 30 June 2015. 

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