Iluka Q1 production slips

Mineral sands production, revenue decline in March quarter.

Iluka Resources (ILU) has posted a fall in March quarter mineral sands production, as it continues to operate at below full production rates, but expects a recovery in zircon demand this year.

Total mineral sands production fell to 221,200 tonnes in the quarter, compared with 271,800 tonnes in the March 2013 quarter.

Iluka attributed the decreased production to asset idling and lower use of its mineral separation plant.


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