Iluka Resources Shows Strong Production Amid Challenges

Iluka Resources Limited (AU:ILU) has released an update.

Iluka Resources Limited reported a robust production performance in Q3 2024, with significant output in zircon, rutile, and synthetic rutile, despite seasonal challenges affecting sales. The company maintained stable prices for zircon sand and synthetic rutile, while unit cash production costs rose due to lower production of finished goods. Iluka’s strategic management of its inventory, particularly the increase in work-in-progress material, positions it well for future operational flexibility.

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