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Iluka Resources Limited (ASX:ILU) says it will be expecting to achieve an increase of between 70 and 75 per cent for its titanium dioxide products in the second half of the year.
The mineral sands producer told the ASX today it has reached agreements on rutile and synthetic rutile prices and volumes with its major titanium dioxide customers.
From July 1, Iluka also expects average zircon prices to increase 35-40 per cent for the quarter from about $US1600 a tonne in the prior quarter.
Iluka Resources Limited (ASX:ILU) reported a profit of $36.1 million in the second half of 2010.
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