In June Iluka announced it planned to restart mining in December...

In June Iluka announced it planned to restart mining in December at its Jacinth-Ambrosia project in South Australia in response to better market conditions.

The miner also produces the titanium dioxide feedstocks rutile and synthetic rutile, primarily used to make pigments for paint, for which it said it also expected demand to remain strong for the remainder of the year.

The positive outlook comes after similar market commentary from Rio Tinto, Base Resources, and Ireland's Kenmare Resources, which Shaw and Partners analyst Peter O'Connor said reflected "the first time in five years that [mineral sands] is starting to look quite robust across the board".