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Tronox Holdings Plc  (TROX)
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Price: $19.3800 $-0.54 -2.711%
Day's High: $19.89 Week Perf: -0.67 %
Day's Low: $ 18.94 30 Day Perf: -0.62 %
Volume (M): 1,133 52 Wk High: $ 20.70
Volume (M$): $ 21,965 52 Wk Avg: $14.39
Open: $19.62 52 Wk Low: $10.08



 Market Capitalization (Millions $) 3,049
 Shares Outstanding (Millions) 157
 Employees 4,300
 Revenues (TTM) (Millions $) 2,916
 Net Income (TTM) (Millions $) -348
 Cash Flow (TTM) (Millions $) 39
 Capital Exp. (TTM) (Millions $) 244

Tronox Holdings Plc

Tronox is a public limited company registered under the laws of the State of Western Australia. We are a global leader in the production and marketing of titanium bearing mineral sands and titanium dioxide (“TiO2”) pigment, and the world’s largest producer of natural soda ash. Titanium feedstock is primarily used to manufacture TiO2. Our TiO2 products are critical components of everyday applications such as paint and other coatings, plastics, paper, and other uses, and our related mineral sands product streams include titanium feedstock, zircon, and pig iron. Zircon, a hard, glossy mineral, is used for the manufacture of ceramics, refractories, TV screen glass, and a range of other industrial and chemical products. Pig iron is a metal material used in the steel and metal casting industries to create wrought iron, cast iron, and steel.

We produce natural soda ash from a mineral called trona, which we mine, at two facilities we own near Green River, Wyoming. At these facilities we process the trona ore into chemically pure soda ash and specialty sodium products such as sodium bicarbonate (baking soda) and sodium sesquicarbonate (S- Carb ® and Sesqui™). We sell soda ash directly to customers in the United States, Canada and the European Community, European Free Trade Association and South African Customs Union and to the American Natural Soda Ash Corporation (“ANSAC”), a non-profit foreign sales association in which we and two other U.S. soda ash producers are members. ANSAC then resells the soda ash to customers around the world. Our soda ash is used primarily by customers in the glass, detergent, and chemicals manufacturing industries. We use a portion of our soda ash at Green River to produce specialty sodium products such as sodium bicarbonate and sodium sesquicarbonate that have uses in food, animal feed, pharmaceutical, and medical applications.

In June 2012, Tronox Limited issued Class B ordinary shares (“Class B Shares”) to Exxaro Resources Limited (“Exxaro”) and one of its subsidiaries in consideration for 74% of Exxaro’s South African mineral sands business, and the existing business of Tronox Incorporated was combined with the mineral sands business in an integrated series of transactions whereby Tronox Limited became the parent company (the “Exxaro Transaction”). At December 31, 2016, Exxaro held approximately 44% of the voting securities of Tronox Limited. Exxaro has agreed not to acquire any additional voting shares of Tronox Limited if, following such acquisition, Exxaro will have a voting interest in Tronox Limited of 50% or more unless Exxaro brings any proposal to make such an acquisition to the Board of Directors of Tronox Limited on a confidential basis. In the event an agreement regarding the proposal is not reached, Exxaro is permitted to make a takeover offer for all the shares of Tronox Limited not held by affiliates of Exxaro, subject to certain non-waivable conditions. See Note 23 of notes to consolidated financial statements for additional information regarding Exxaro transactions.

We currently operate our business in two operating and reportable segments, TiO2 and Alkali.

Our TiO2 operations have a combined annual production capacity of approximately 750,000 metric tons (“MT”) of titanium feedstock, which is comprised of 91,000 MT of rutile and leucoxene, 220,000 MT of synthetic rutile, and 410,000 MT of titanium slag. Our TiO2 operations also have the capability to produce approximately 220,000 MT of zircon and 221,000 MT of pig iron.

Titanium Feedstock - Ilmenite, rutile, leucoxene, titanium slag and synthetic rutile are all used primarily as feedstock for the production of TiO2. Titanium feedstock can be segmented based on the level of titanium contained within the feedstock, with substantial overlap between each segment. Different grades of titanium feedstock have similar characteristics. As such, TiO2 producers generally source and supply a variety of feedstock grades, and often blend them into one feedstock. The lower amount of titanium used in the TiO2 manufacturing process, the more feedstock required and waste material produced. Naturally occurring high-grade titanium minerals required for the production of TiO2 are limited in supply. Two processes have been developed commercially: one for the production of titanium slag and the other for the production of synthetic rutile. Both processes use ilmenite as a raw material, and involve the removal of iron oxides and other non-titanium material.


Titanium Slag - Ilmenite at KZN Sands and Namakwa Sands is processed further through direct current arc furnaces to produce titanium slag with a titanium content of approximately 86% to 89%. The smelting process comprises the reduction of ilmenite to produce titanium slag and pig iron. Ilmenite and anthracite are fed in a tightly controlled ratio into an operating furnace where the endothermic reduction of ilmenite occurs. The resultant titanium slag has a lower density than the iron, and separation of the two liquid products occurs inside the furnace. The slag and iron are tapped periodically from separate sets of tapholes located around the circumference of the furnace. Slag is tapped into steel pots and cooled for several hours in the pots before the slag blocks are tipped out. The blocks are subsequently transported to the blockyard where they are cooled under water sprays for a number of days. They are then crushed, milled, and separated according to size fractions, as required by the customers. The tapped pig iron is re-carburized, de-sulfurized, and cast into ingots or “pigs”.

High Purity Pig Iron - The process by which ilmenite is converted into titanium slag results in the production of high purity iron containing low levels of manganese. When iron is produced in this manner, the molten iron is tapped from the ilmenite furnace during the smelting process, alloyed by adding carbon and silicon and treated to reduce the sulfur content, and is then cast into pigs. The pig iron produced as a co-product of our titanium slag production is known as low manganese pig iron.

Synthetic Rutile Production -Ilmenite may also be upgraded into synthetic rutile. Synthetic rutile, or upgraded ilmenite, is a chemically modified form of ilmenite that has the majority of the ferrous, non-titanium components removed, and is also suitable for use in the production of titanium metal or TiO2 using the chloride process. Ilmenite is converted to synthetic rutile in a two-stage pyrometallurgical and chemical process. The first stage involves heating ilmenite in a large rotary kiln. Coal is used as a heat source and, when burned in an oxygen deficient environment, it produces carbon monoxide, which promotes a reducing environment that converts the iron oxide contained in the ilmenite to metallic iron. The intermediate product, called reduced ilmenite, is a highly magnetic sand grain due to the presence of the metallic iron. The second stage involves the conversion of reduced ilmenite to synthetic rutile by removing the metallic iron from the reduced ilmenite grain. This conversion is achieved through aeration (oxidation), accelerated through the use of ammonium chloride as a catalyst, and acid leaching of the iron to dissolve it out of the reduced ilmenite. Activated carbon is also produced as a co-product of the synthetic rutile production process.



   Company Address: 263 Tresser Boulevard Stamford 6901 CT
   Company Phone Number: 705-3800   Stock Exchange / Ticker: NYSE TROX
   


Customers Net Income grew by TROX's Customers Net Profit Margin grew to

103.14 %

7.29 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
HUN   -4.87%    
KRO        0.96% 
KWR   -2.44%    
NL   -2.76%    
VHI   -4.49%    
NNBR   -1.96%    
• View Complete Report
   



Tronox Holdings Plc

Tronox Holdings Plc faces $11.00 million tax charge despite financial improvements



Tronox Holdings Plc, a leading chemical manufacturing company, has managed to thrive in the face of a declining industry. Despite struggles faced by businesses in the chemical manufacturing sector, Tronox has shown significant improvements in its financial performance. This article highlights the company's recent fiscal period, showcasing its impressive revenue growth and reduced losses per share.
Financial Performance
In the most recent fiscal period, Tronox Holdings Plc reported an expansion of its loss per share to $-0.06 from $0.15 year on year. However, this improvement comes alongside a remarkable increase in revenue by 9.322% to $774.00 million. This growth is particularly noteworthy, given the challenges faced by many other companies in the chemical manufacturing industry.

Tronox Holdings Plc

Tronox Holdings Plc Sees Loss Despite Revenue Growth in Fourth Quarter Financial Report

Tronox Holdings Plc has faced some challenges in the past quarter, with an increase in deficit per share and a decrease in operating earnings. However, despite these setbacks, the company has shown resilience and determination to overcome these obstacles.
One of the key highlights for Tronox Holdings Plc in the fourth quarter of 2023 was the growth in revenue by 5.701% compared to the same quarter a year ago. This demonstrates the company's ability to generate revenue even in challenging market conditions.

Tronox Holdings Plc

Tronox Holdings Plc Faces Steep Decline in Revenue and Escalating Losses in Q3 of 20232.



Tronox Holdings Plc, a leading chemical manufacturing company, has faced significant setbacks in the financial time-frame ending September 30, 2023. The company experienced a growth in losses due to weak orders, with a shortfall in per share earnings compared to the same period last year. This article will analyze the company's performance in the context of the Chemical Manufacturing sector and highlight notable facts from their recent financial report.
Declining Revenue and Increased Losses
Tronox Holdings Plc reported a decline in revenue of 26.034%, amounting to $662.00 million in Q3 2023 compared to $895.00 million in the previous year. This decrease in revenue is concerning and reflects the impact of weak orders on the company's financial performance. Consequently, Tronox Holdings Plc suffered a significant drop in net income, recording a net loss of $14.000 million instead of the net income of $123.000 million in the corresponding reporting period a year before.

Tronox Holdings Plc

Tronox Holdings Plc Slips into Deficit with $322 Million Tax Charge Amid Revenue Decline

The stock market has always been a roller coaster ride for investors, with its ups and downs and unpredictable twists. However, amidst all the fluctuations, there are countless success stories that prove investing in the stock market can be a lucrative venture.
Today, we want to shed light on a remarkable company that has shown resilience and potential during the second quarter of 2023 earnings season ? Tronox Holdings Plc. While they faced a temporary setback with a slip into a deficit of $-1.72 per share compared to $2.37 a year before, there are encouraging signs that should not be overlooked.






 

Tronox Holdings Plc's Segments
 
 
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  Company Estimates  
  Revenue Outlook
Tronox Holdings Plc does not provide revenue guidance.

Earnings Outlook
Tronox Holdings Plc does not provide earnings estimates.

 
Geographic Revenue Dispersion




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