ILU iluka resources limited

July 3 (Reuters) - Iluka Resources Ltd (ILU) Port Thevenard...

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    July 3 (Reuters) - Iluka Resources Ltd (ILU)

    • Port Thevenard outage-ilu.ax
    • Shipping of heavy mineral concentrate (hmc) from port of thevenard ( port), south australia, has been suspended
    • Is currently investigating alternative avenues of transport for jacinth-ambrosia hmc, through one of other ports in region
    • Flinders ports (owner of port) has informed Iluka that it has safety concern surrounding structural integrity of sections of jetty
    • "It is not clear when loading activities at port will be resumed"
    • "Disruption is unlikely to have an impact on production guidance for 2017"
    • "Given Iluka's sufficient inventory of zircon (as finished product), no impact on sales volumes for 2017 is expected"
 
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Last
$5.48
Change
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Mkt cap ! $2.354B
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