Tronox Holdings plc

Tronox Holdings plc reported Q1 2026 revenue of $760 million, a 3% increase year-over-year, with net loss attributable to Tronox improving to $(103) million from $(111) million in the prior year. Adjusted EBITDA was $62 million, a 9% sequential increase. The company expects positive free cash flow in Q2 2026, largely offsetting Q1 cash use, and meaningful positive free cash flow for the full year. Q2 2026 Adjusted EBITDA is projected to be between $65 million and $85 million, with TiO2 and zircon volumes and pricing expected to improve.

Tronox Holdings plc reported a net loss of $103 million for Q1 2026, an improvement from $111 million in Q1 2025, on net sales of $760 million, up from $738 million year-over-year. However, gross profit significantly declined by 56% to $44 million. The company continued its restructuring efforts, incurring $14 million in charges related to the Botlek and Fuzhou plant closures. Additionally, Tronox increased its accounts receivable securitization facility limit to $255 million in March 2026, further expanding it to $275 million in May 2026.

Tronox Holdings plc held its Annual General Meeting on April 28, 2026, where shareholders approved all twelve proposals. Key approvals included the election of eight directors to terms expiring in 2027, the non-binding advisory approval of named executive officer compensation, and the ratification of the independent registered public auditor. Shareholders also approved the company's U.K. audited annual accounts, directors' remuneration policy and report, re-appointment of the U.K. statutory auditor, and authorizations for the Board to allot shares and approve share repurchase contracts. An amendment to the Management Equity Incentive Plan was also approved.

Tronox Holdings plc announced that its Board of Directors declared a quarterly cash dividend of $0.05 per share. This dividend is scheduled to be paid on July 8, 2026, to shareholders who are on record at the close of business on May 11, 2026.