Iluka reports weaker sales revenue

Mineral sands miner Iluka on Thursday reported a 7.1% decline in sales revenue for the January to September period, which the miner said reflected the mix variance in production being sold and the lower received prices. Iluka’s year-to-date revenue declined to A$491-million, from A$528.7-million in the same period last year, which also reflected an 18.3% decline in production.