Mineral sands miner Iluka Resources has reported a 22% increase in revenue for the full year ended December, with the company swinging back into the black with a net profit after tax of A$304-million.
Revenues for the 12 months under review increased to $1.2-billion, with underlying earnings before interest, tax, depreciation and amortisation up by 66% on the previous financial year, to A$600-million.