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News Breaks | | | | February 7, 2013 | | 08:39 EDT |  | TROX | Tronox sees Q4 revenue $482M, consensus $491.55M
Sees FY12 EBITDA $70M, which is below previous guidance, due to the combined effect of three scheduled ore shipments in the quarter that were either delayed or cancelled by customers and a $9.6M lower of cost or market inventory write-down. One of the delayed shipments constituting 10,000 metric tons of chloride slag was shipped on January 7, 2013. In addition, while zircon sales volumes were approximately as forecast, zircon prices in the fourth quarter were roughly 12% below forecast. | |
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News For TROX From The Last 14 Days Check below for free stories on TROX the last two weeks. |
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| June 14, 2013 | | 10:39 EDT |  | TROX | Tronox announces labor agreement with South African unions
Tronox announced that it has reached collective bargaining agreements with the National Union of Mineworkers and Solidarity, the two largest unions representing employees working at the company's Mineral Sands division two mining operations and ore processing plants in Namakwa and KwaZulu-Natal, South Africa. The one-year agreement is effective July 1. It covers all bargaining unit union-represented employees working in Tronox's mineral sands operations in Namakwa, on the west coast of South Africa, and in KwaZula-Natal, on the country's east coast. | | | June 13, 2013 | | 14:10 EDT | | TROX | Government rejects appeals to halt Tronox Fairbreeze mine
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