Tronox (TROX) Declares $0.045 Quarterly Dividend; 1% Yield

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Tronox (TROX) Misses Q1 EPS by 15c

May 10, 2018 6:45 AM EDT

Tronox (NYSE: TROX) reported Q1 EPS of $0.01, $0.15 worse than the analyst estimate of $0.16. Revenue for the quarter came in at $442 million versus the consensus estimate of $471.4 million.

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Tronox (TROX) Reports Option Agreement to Purchase Majority of Advanced Metal Industries Co. Jazan Slagger Operations

May 10, 2018 5:48 AM EDT

Tronox Limited (NYSE: TROX) 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 start-up of the Slagger. AMIC is equally owned by The National Titanium Dioxide Company Limited ("Cristal") and... More