On July 24th, Iluka announced the production report for the first half of the year. In the first half of 2018, the production and sales volume of Iluka mineral sands declined year-on-year.
The report shows that the price of zircon sand increased by 47% in the first half of the year, and the price of rutile rose by 20%. It is worth noting that all raw materials in the second half of the year have been sold to contracted or intended customers.
In the first half of 2018, the output of zircon sand was 158,900 tons, a decrease of 22% year-on-year; the production of rutile also decreased by 44.7% to 82,800 tons; the production of synthetic rutile was 109,300 tons, an increase of 9.7% year-on-year; The output was 210,000 tons, a decrease of 7.6% year-on-year.
In terms of sales, overall mineral sales in the first half of the year increased slightly by 1.7%. Mainly the growth of titanium ore and natural rutile.
Specifically, the sales volume of zircon sand in the first half of the year was 189,000 tons, down 4% year-on-year; the sales volume of rutile was 136,000 tons, up 14.9% year-on-year; the sales volume of synthetic rutile was 112,900 tons, down 18% year-on-year; the sales volume of titanium mine was 119,500. Tons, an increase of 25.7%. (Source: Ruidao)