Tronox Reports First Quarter 2021 Financial Results Achieved Record TiO2 and Zircon Sales Volumes Driven by Robust Market Strength Adjusted EBITDA Ahead of Management's Guidance Due to Stronger Zircon Sales Volumes and Higher TiO2 Pricing Than Expected News provided by Share this article First Quarter 2021 Financial Highlights: Record revenue of $891 million increased 14 percent sequentially, driven primarily by double-digit growth in both TiO 2 and zircon volumes and 3 percent higher TiO 2 average selling prices Income from operations of $125 million; Net income of $26 million GAAP diluted income per share of $0.12; Adjusted diluted EPS of $0.43 (Non-GAAP); the difference is primarily due to costs associated with the Q1 debt refinancing transactions and the break fee associated with the TiZir Titanium and Iron ("TTI") transaction