ILUKA: Take-or-Pay Contracts Now Account For 70% of High-Grade Feedstock Sales

摘要

Mr O'Leary went on to say: "This year 2020 will see the next phase of sustaining and growth projects being progressed. We will pursue capital discipline of the quality demonstrated in the Cataby project development and we will deploy capital only where and when we have sufficient confidence in achieving a satisfactory return. In its press-release of 20 February, providing the short-term outlook, Iluka stated: "The mixed market conditions experienced in 2019 are expected to continue into the start of 2020. Economic uncertainty in China stemming from the recent Covid-19 outbreak and lingering trade and political tensions are expected to weigh on business sentiment in the short term. This is likely to impact zircon demand in particular. For high-grade TiO2 feedstocks, supply tightness and solid underlying conditions being reported by pigment producers should support another solid year.