Mineral sands miner Iluka sinks to half-year loss

August 25, 2016

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Mineral sands miner Iluka Resources plunged into a net loss of $20.9-milllion in the first half of 2016, compared with a profit of $20.4-million a year earlier, owing to lower revenue growth.
Mineral sands revenue dipped from $349.6-million in the six months ended June 30, 2015, to $338.4-million in period under review, the ASX-listed company reported on Thursday.

Category: General