Mining News

Iluka reports strong first half, defers suspension of ops

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Mineral sands miner Iluka has reported a 61% increase in sales revenue for the half-year to June, with net profit after tax up 14%.

Iluka on Wednesday reported that revenue for the half year reached A$735.6-million, up from the A$456.6-million reported in the previous corresponding period, with mineral sands earnings before interest, tax, depreciation and amortization increasing from A$177.1-million to A$299.2-million.

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