Discussions with zircon customers in relation to proposed third...

Discussions with zircon customers in relation to proposed third quarter zircon prices have
also progressed satisfactorily, such that Iluka can advise that it expects to achieve an
increase in weighted average price for zircon of between 35 and 40 per cent for the
September quarter (commencing 1 July), relative to a forecast weighted average price in
the second quarter of approximately US$1,600/tonne.2
The price increases achieved for zircon and for high grade titanium products reflect Iluka?s
preferred product pricing approach, current market dynamics and competitive conditions,
all of which may vary from period to period.