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Iluka's September quarter revenue slides

AAP logoAAP 12/10/2016

Mineral sands miner Iluka Resources has reported a 28 per cent decline in September quarter revenue due to lower zircon and ilmenite sales and falling prices.

Iluka reported revenue of $134.2 million for the three months to September 30, down from $185.9 million a year ago as market conditions for its products remain subdued.

Production for the quarter was down 9.6 per cent to 319,900 tonnes.

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