Tronox Holdings plc (TROX) is a leading global mining and inorganic chemical business. Its principal operations are in the mining of titanium ore and the production of titanium dioxide (TiO2), which is a critical component in many everyday products, such as paint, plastics, paper, and other applications requiring bright, durable pigments. With a strong commitment to environmentally sustainable practices, Tronox has consistently emphasized innovation and the versatile application of their products.
Tronox Holdings, originally called Kerr-McGee Corporation, dates back to 1929. Headquartered in Stamford, Connecticut, this global enterprise had the distinction of being the world's largest fully integrated producer of titanium ore and titanium dioxide as of 2019. This is primarily due to the company’s RD-88 and RD-90 products, which are known for their high-quality, and are in demand for use in paints and coatings, plastics, and laminates.
The company operates titanium-bearing mineral sand mines in Australia, South Africa and Brazil, and has titanium dioxide pigment manufacturing operations in the United States, Australia, the Netherlands, and Belgium. Tronox also operates electrolytic and specialty chemicals businesses, producing products like alkali chemicals.
The strategic focus of Tronox Holdings plc lies in delivering consistent and reliable supply of high-quality TiO2 products to customers. Their vertically integrated business model makes them unique. Tronox's mineral sands operations involve mining, concentration and separation of mineral sands containing ilmenite – the primary source of titanium dioxide.
Playing a significant role in the ever-evolving global economy, Tronox Holdings plc serves a vastly diverse range of international markets and customers. Their continued success emphasizes the general industrial demand for their supplies.
Above all, Tronox prioritizes sustainability, safety, and their social responsibilities. The company actively seeks opportunities to reduce emissions, increase energy efficiency and reduce waste. Their commitment extends to their staff as well, promoting safety measures and ensuring the well-being of their global workforce.
Tronox Holdings plc has achieved its market-leading position through consistent performance, maintaining strong relationships with its customers and investors, and its ongoing commitment to environmental sustainability. As a key player in the industry, Tronox Holdings plc has consistently demonstrated the capacity to adapt and grow successfully within the global marketplace.
Income statement
Balance sheet statement
Cash flow statement
Current assets / Current liabilities
Equity / Debt / Cash
Dividends
Tronox Holdings reported a 19% year-over-year revenue increase to $868 million in Q2 2026, driven by higher TiO2 and zircon volumes, despite a net loss of $171 million primarily due to a tax asset valuation allowance. The company successfully implemented price increases for both products, contributing to sequential pricing improvements and expects further actions to improve margins in Q3 2026, targeting adjusted EBITDA between $95 million and $115 million. Tronox is also pursuing anti-dumping measures and advancing a rare earth initiative, with a feasibility study for a cracking and leaching facility in Australia expected by Q3 2027.
Tronox Holdings PLC (NYSE:TROX) announced a quarterly dividend of $0.05 per share, payable on October 9th to shareholders of record on August 10th. While the dividend currently boasts a 3.3% annualized yield and a 25% payout ratio, analysts project a loss of $0.21 per share next year, raising concerns about the future sustainability of the $0.20 annual dividend. The company's shares recently fell by 1.4% to $6.07 after reporting a wider-than-expected quarterly loss of $0.55 per share, despite a 3% year-over-year revenue increase to $760 million.
TRONOX HOLDINGS PLC. (TROX) disclosed $70,000 in lobbying expenditures for Q2 2026, primarily focused on securing funding for REE processing. The article also details recent insider sales totaling over $1.2 million, significant institutional investor activity including additions by DEUTSCHE BANK AG and POINT72 ASSET MANAGEMENT, L.P., and analyst ratings, with Goldman Sachs issuing a "Buy" rating and a median price target of $8.0 from four analysts.