Tronox (TROX) Misses Q1 EPS by 15c
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Tronox Reports First Quarter 2018 Financial Results
May 9, 2018 11:15 PM EDTSTAMFORD, Conn., May 9, 2018 /PRNewswire/ -- Tronox Limited (NYSE: TROX) reported revenue of $442 million for the first quarter 2018, up 17 percent from $378 million in the year-ago quarter and 5 percent lower than $464 million in the prior quarter. Income from operations of $14 million improved from a loss from operations of $3 million in the year-ago quarter and compared to $60 million in the prior quarter. Net loss from continuing operations attributable to Tronox Limited was $44 million, or ($0.36) per diluted share, compared to a net loss from continuing operations attributable to Tronox Limited of $56 million, or ($0.48)... More
Tronox Enters Option Agreement to Acquire Majority of Advanced Metal Industries Co. Jazan Slagger Operations
May 9, 2018 11:15 PM EDTSTAMFORD, Conn., May 9, 2018 /PRNewswire/ --Â Tronox Limited (NYSE:Â TROX) ("Tronox" or the "Company"), a global mining and inorganic chemicals company, today announced it has entered into an Option Agreement with Advanced Metal Industries Cluster Company Limited ("AMIC") to acquire 90 percent of AMIC's ownership in a titanium slag smelter facility (the "Slagger") located in The Jazan City for Primary and Downstream Industries in the Kingdom of Saudi Arabia. The execution of the Option Agreement occurred shortly after Tronox and AMIC entered into a Technical Services Agreement to provide certain technical assistance to AMIC to facilitate... More
