Iluka Resources Limited (AU:ILU) has released an update.
Iluka Resources Limited reported disciplined production management in Q1 2024 with a total of 87kt of zircon, rutile, and synthetic rutile produced, and a notable doubling in zircon sand sales from the previous quarter. Despite a slight decline in the weighted average price of zircon sand, the company anticipates a modest price increase in Q2 and is witnessing signs of recovery in the titanium pigment market.
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