ILU 1.28% $5.52 iluka resources limited

The ILU June Quarter Production Report is due tomorrow, showing...

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    The ILU June Quarter Production Report is due tomorrow, showing gross production and gross revenues.

    I expect Sierra production to be boosted by the deployment of the new earthmoving fleet. The ready availability of heavy metal concentrate from substantial Australian stockpiles means ILU can physically meet demand.

    Revenues will rise on higher Sierra sales, higher sales volumes from Australia and announced price rises.

    The market is anticipating good numbers. We shall see.

    Ash
 
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