Latest Tronox Stories

JOHANNESBURG, June 14, 2013 /PRNewswire/ -- Tronox Limited (NYSE: TROX) today 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. (Logo: http://photos.prnewswire.com/prnh/20051118/TRONOXLOGO-a) "We are pleased that the...

South African Mine Development Gains Momentum as Construction Continues EMPANGENI, South Africa, June 13, 2013 /PRNewswire/ -- Tronox Limited (NYSE: TROX) today announced that it has been notified by the KwaZulu-Natal Department of Agriculture and Environmental Affairs, or KZN DAEA, of the dismissal of several appeals against the Environmental Authorisation (EA) for the company's Fairbreeze mine in KwaZulu-Natal, South Africa. (Logo:...

STAMFORD, Conn., May 30, 2013 /PRNewswire/ -- Tronox Limited (NYSE: TROX) on behalf of its subsidiary companies, today announced the following price increases for all Tronox titanium dioxide (TiO(2)) grades. (Logo: http://photos.prnewswire.com/prnh/20051118/TRONOXLOGO-a) The below increases are effective June 1, 2013, or as contracts allow: Latin America: minimum USD $175 per metric ton Asia Pacific: minimum USD $175 per metric ton Japan: minimum JPY ¥22 per kilo Australia:...

EMPANGENI, KwaZulu-Natal, South Africa, May 24, 2013 /PRNewswire/ -- Tronox Limited (NYSE: TROX) today announced that is has reached a settlement agreement on the pending Supreme Court Application by the Mtunzini Conservancy against Tronox KZN Sands, regarding the early works program at the Fairbreeze mine project in northern KwaZulu-Natal, South Africa. Under this settlement, the conservancy will not pursue its appeal on a ruling by the Durban High Court that denied an injunction...

STAMFORD, Conn., May 8, 2013 /PRNewswire/ -- First Quarter 2013: Revenue of $470 million; adjusted EBITDA of $73 million; adjusted EBITDA margin of 15.5 percent Mineral Sands segment revenue of $298 million; adjusted EBITDA of $157 million Vertical integration on plan, as 69 percent of feedstock revenue derived from intercompany sales, up from 59 percent in fourth quarter 2012 Although average market prices declined, Tronox CP titanium slag pricing up versus fourth quarter last...

STAMFORD, Conn., April 26, 2013 /PRNewswire/ -- Tronox Limited (NYSE: TROX) today announced that it has appointed Minelco Asia Pacific Ltd., as its primary distributor for zircon in the People's Republic of China. (Logo: http://photos.prnewswire.com/prnh/20051118/TRONOXLOGO-a) "China is the world's largest market for zircon ore, an essential ingredient in the production of ceramics and tiles. Through this new partnership with Minelco, we hope to expand our customer base by...

STAMFORD, Conn., April 16, 2013 /PRNewswire/ -- Tronox Limited (NYSE: TROX) announced today the following schedule for its first quarter 2013 earnings release and webcast conference call: Earnings Release: Wednesday, May 8, 2013, after the stock market close via PR Newswire and Tronox Limited's website at http://www.tronox.com Webcast Conference Call: Thursday, May 9, 2013, at 8:30 a.m. ET (New York).  The live call is open to the public via Internet broadcast and telephone. (Logo:...

STAMFORD, Conn., March 20, 2013 /PRNewswire/ -- Tronox Limited (NYSE: TROX) today announced that it has closed on a new $1.5 billion senior secured term loan. The loan was increased from the previously announced $1.3 billion commitment. Goldman Sachs Bank USA, UBS Securities LLC, Credit Suisse Securities (USA) LLC, and RBC Capital Markets were the Joint Lead Arrangers, Joint Bookrunners and Co-Syndication Agents of the facility. The loan matures in March of 2020. (Logo:...

STAMFORD, Conn., Feb. 26, 2013 /PRNewswire/ -- Tronox Limited (NYSE: TROX) today announced that it has received a commitment for a new $1.3 billion senior secured term loan provided by Goldman Sachs, UBS, Credit Suisse, and RBC Capital Markets. (Logo: http://photos.prnewswire.com/prnh/20051118/TRONOXLOGO-a) The funds will be used for general corporate purposes and/or potential strategic alternatives. Following completion of this financing and prepayment of its existing loan in...

STAMFORD, Conn., Feb. 20, 2013 /PRNewswire/ -- Fourth Quarter 2012: Revenue of $482 million, up 26 percent versus $383 million in prior-year quarter and 1 percent lower than $487 million in third quarter 2012 Adjusted EBITDA of $71 million compared to $139 million in the year-ago quarter and $134 million in third quarter 2012 Mineral Sands segment revenue of $316 million, including acquired businesses, versus $52 million in prior-year quarter and $272 million in third quarter...