Zircon Mining News

Iluka appoints 2 new non-executive directors to board

Iluka Resources has appointed James Hutchison Ranck and Greg Martin as non-executive directors to its board.

Supply shortage of zircon to continue, further price rises unsustainable

Consumption of zircon rebounded strongly in 2010, reaching 1.33Mt, following an 18% fall in 2009 because of the global economic downturn. Growth over the last decade has come mainly from the ceramics and chemical sectors, growing by 4.1% per year and 7.5%py respectively compared to overall market growth of 2.6%py.

Big Australian mineral sands producer returns to profit

Major global mineral sands producer, Iluka Resources returned to profit in 2010, primed by a dynamic transformation in the December half year. Iluka Ltd (ASX: ILU) reported a profit for the year of A$36.1 million (US$36.53 million) aided by higher zircon