Mineral sands miner Iluka has seen revenues and profits decline in the six months ending June, as sales volumes for the interim period were impacted by the Covid-19 pandemic.
“Iluka has reported a solid first half result given the impact of Covid-19 on zircon and titanium markets, and the global economy broadly. Given the volatility experienced throughout the world over recent months, we’re pleased with the earnings and cash position we’ve delivered,” said MD Tom O’Leary.