Iluka trims zircon forecast

Mineral sands miner Iluka Resources has announced plans to cut its zircon production by as much as 110 000 t for the 2020 financial year, on the back of the Covid-19 pandemic.

The miner told shareholders that the Chinese ceramic industry went into total lockdown during February and was shut until mid March, resulting in significantly lower zircon sales during the three months to March.