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News Breaks
February 7, 2013
08:39 EDTTROXTronox 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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