Iluka

Iluka Resources (ASX:ILU), a mineral sands miner, have reported a total of $229 million, before hedging, for the first six months of 2010 compared to $124 million for the same period last year. Sales have increased by $183 million compared to the same six month period in 2009. Mineral sands sales revenue (before hedging) was $378.4 million, up 94% from the first six months of 2009 ($195.2 million).

Iluka Resources (ILU) was the overall worst performing stock taking in a 10.24 percent decrease. Among the worst performing stocks for the week 39 of 2007 on the Australian sharemarket were a mixture of forestry, paper manufacturing, refining, mining and crop production: Futuris Corporation (FCL), PaperlinX (PPX), Caltex Australia (CTX), Iluka (ILU), Nufarm (NUF). These worst performing stocks for the week 39 recorded losses between 4.03 to 10.24 percent by the end of the trading week.