0001140361-25-016827.txt : 20250501 0001140361-25-016827.hdr.sgml : 20250501 20250501101231 ACCESSION NUMBER: 0001140361-25-016827 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 15 CONFORMED PERIOD OF REPORT: 20250430 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250501 DATE AS OF CHANGE: 20250501 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Tronox Holdings plc CENTRAL INDEX KEY: 0001530804 STANDARD INDUSTRIAL CLASSIFICATION: INDUSTRIAL INORGANIC CHEMICALS [2810] ORGANIZATION NAME: 08 Industrial Applications and Services EIN: 981467236 STATE OF INCORPORATION: X0 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-35573 FILM NUMBER: 25900197 BUSINESS ADDRESS: STREET 1: 263 TRESSER BLVD., SUITE 1100 CITY: STAMFORD STATE: CT ZIP: 06901 BUSINESS PHONE: (203) 705-3800 MAIL ADDRESS: STREET 1: 263 TRESSER BLVD., SUITE 1100 CITY: STAMFORD STATE: CT ZIP: 06901 FORMER COMPANY: FORMER CONFORMED NAME: Tronox Ltd DATE OF NAME CHANGE: 20110921 8-K 1 ef20048257_8k.htm 8-K
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549


FORM 8-K
 

CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
 
Date of Report (Date of earliest event reported) May 1, 2025 (April 30, 2025)

 
TRONOX HOLDINGS PLC
(Exact Name of Registrant as Specified in Its Charter)

 
England and Wales
 001-35573
98-1467236
(State or Other Jurisdiction of Incorporation)
(Commission File Number)
(IRS Employer Identification No.)

263 Tresser Boulevard, Suite 1100
 
Laporte Road, Stallingborough
Stamford, Connecticut 06901
 
Grimsby, North East Lincolnshire, DN40 2PR, UK

(Address of Principal Executive Offices) (Zip Code)
 
(203) 705-3800
(Registrant’s Telephone Number, Including Area Code)
 
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)

 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:

Title of each class
Trading Symbol(s)
Name of exchange on which registered
Ordinary shares, par value $0.01 per share
 TROX
 NYSE

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company  ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐

Item 2.02.
Results of Operations and Financial Condition.

Attached as Exhibit 99.1 is a copy of a press release of Tronox Holdings plc (the “Company”), dated April 30, 2025, reporting the Company’s financial results for the first quarter ended March 31, 2025. Such information, including the Exhibit 99.1 furnished hereto, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or Exchange Act, except as shall be expressly set forth by specific reference in such filing.

Item 9.01.
Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.
 

Description
 
Earnings Release, dated April 30, 2025.
104
   Inline XBRL for the cover page of this Current Report on Form 8-K.

SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
   
TRONOX HOLDINGS PLC
     
Date: May 1, 2025
By:
/s/ Jeffrey N. Neuman
   
Name:
 Jeffrey N. Neuman
   
Title:
Senior Vice President, General Counsel and Secretary


EX-99.1 2 ef20048257_ex99-1.htm EXHIBIT 99.1
Exhibit 99.1

Tronox Reports First Quarter 2025 Financial Results
 
STAMFORD, Conn., April 30, 2025/PRNewswire/ — Tronox Holdings plc (NYSE:TROX) (“Tronox” or the “Company”), the world’s leading integrated manufacturer of titanium dioxide ("TiO2") pigment, today reported its financial results for the quarter ending March 31, 2025, as follows:


First Quarter 2025 Financial Highlights:
•
Revenue of $738 million, a 9% increase compared to the prior quarter and a 5% decrease compared to the prior year
•
Loss from operations of $61 million; Net loss of $111 million including $87 million of restructuring and other charges, primarily non-cash costs associated with the idling of the Company's Botlek pigment plant as announced in March; adjusted net loss was $24 million (non-GAAP)
•
GAAP diluted loss per share was $0.70; Adjusted diluted loss per share was $0.15 (non-GAAP)
•
Adjusted EBITDA of $112 million; Adjusted EBITDA margin of 15.2% (non-GAAP)
•
Capital expenditures of $110 million in the quarter

Outlook:
•
Maintaining previous guidance for 2025 Revenue ($3.0-3.4 billion), Adjusted EBITDA ($525-625 million), and free cash flow (greater than $50 million)
•
Capital expenditures reduced to be less than $365 million in 2025
•
Actions underway expected to deliver $125-$175 million in sustainable, run-rate cost improvements by end of 2026

This outlook is based on Tronox's views on current global economic activity and is subject to changes and impacts associated with the macroeconomic conditions, global supply chain, and inflation-related challenges, among others.
------
Note: For the Company's guidance with respect to 2025 Adjusted EBITDA and free cash flow, we are not able to provide without unreasonable effort the most directly comparable GAAP financial measure, or reconciliation to such GAAP financial measure, because certain items that impact such measures are uncertain, out of the Company's control or cannot be reasonably predicted

1 | Page
Summary of Select Financial Results for the Quarter Ending March 31, 2025

($M unless otherwise noted)
    
Q1 2025
      
Q1 2024
      
Y-o-Y % ∆

   
Q4 2024
      
Q-o-Q % ∆

Revenue
  
$
738
    
$
774
      
(5
)%
  
$
676
      
9
%
TiO2
  
$
584
    
$
605
      
(3
)%
  
$
533
      
10
%
Zircon
  
$
69
    
$
88
      
(22
)%
  
$
75
      
(8)
)%
Other products
  
$
85
    
$
81
      
5
%
  
$
68
      
25
%
(Loss) Income from operations
  
$ 
(61
)
  
$
41
      
n/m
 
$
48
      
n/m
Net (Loss) Income attributable to Tronox
  
$ 
(111
)
  
$ 
(9
)
    
n/m
 
$ 
(30
)
    
n/m
GAAP diluted (loss) earnings per share
  
$ 
(0.70
)
  
$ 
(0.06
)
    
n/m
 
$ 
(0.19
)
    
n/m

Adjusted diluted (loss) earnings per share
  
$ 
(0.15
)
  
$ 
(0.05
)
    
n/m

 
$
0.03
      
n/m
Adjusted EBITDA
  
$
112
    
$
131
      
(15
)%
  
$
129
      
(13
)%
Adjusted EBITDA Margin %
    
15.2
%
    
16.9
%
  
(170)bps
      
19.1
%
  
(390) bps
  
Free cash flow
  
$ 
(142
)
  
$ 
(105
)
    
n/m
 
$ 
(35
)
    
n/m
                                         
 
Y-o-Y % ∆
Q-o-Q % ∆
 
Volume
Price / Mix
FX
Volume
Price / Mix
FX
TiO2
(1)%
(1)%
(1)%
12%
(2)%
0%
Zircon
(15)%
(7)%
—
(6)%
(2)%
—

CEO's Remarks

Chief Executive Officer John D. Romano commented, “Tronox realized stronger than normal seasonable demand uplift in TiO2, sequentially. Europe led this growth bolstered by the finalization of anti-dumping duties in January, with sales volumes recovering to levels not seen since Q2 2021. North America also realized stronger seasonable trends, while competitive activity in Latin America, the Middle East and Asia continued to exert pressure on sales. Zircon sales were lower both compared to the prior year and sequentially, as anticipated, due to weaker overall demand, primarily in China. Despite increased competitive dynamics across all products, pricing for the quarter came in as anticipated. Our production costs in the first quarter were higher than expected, primarily due to lower operating rates at Botlek and increases in direct material prices. Our focus on cost reduction drove SG&A lower in the quarter. As a result of these factors, we delivered an Adjusted EBITDA of $112 million and an Adjusted EBITDA margin of 15.2%.

"In response to ongoing macroeconomic volatility, Tronox has taken decisive strategic actions to manage the levers within our control. The idling of our Botlek pigment plant as announced in March is expected to result in improved free cash flow in 2025 due to the draw down of pigment inventories and more than $30 million of cost improvements from 2026 onwards. Our team is working diligently to execute on our cost improvement program, which we expect to deliver sustainable, run-rate cost improvements of $125-175 million by the end of 2026. Our capital expenditures are primarily focused on critical maintenance and ensuring the completion of our South Africa mining projects this year to maintain our vertical integration cost advantage. Once complete, we expect to realize a $50-60 million improvement in our mining cost profile from 2025 to 2026. We anticipate offsetting the Company's first quarter free cash flow use by generating positive free cash flow across the balance of the year. These measures underscore our commitment to operational efficiency and enhanced earnings."

2 | Page
Mr. Romano concluded, “As we navigate through the uncertainties of tariffs, inflation, interest rates and the broader macroeconomic environment, Tronox remains focused on what we can control. We are committed to reducing our costs and improving cash flow through strategic actions. Our continued advocacy for the implementation of anti-dumping tariffs in Brazil, India, and Saudi Arabia is a testament to our proactive approach in combating competitive pressures. We have ample levers within our control to ensure sufficient liquidity under various economic scenarios. Through these focused initiatives and execution, we are confident in our ability to create sustainable value for our stakeholders."

First Quarter 2025 Results
(Comparisons are to prior year (Q1 2025 vs. Q1 2024) unless otherwise noted)
 
The Company recorded first quarter revenue of $738 million, a decrease of 5% primarily driven by lower zircon sales volumes and lower average selling prices of zircon and TiO2.

Revenue from TiO2 sales was $584 million, a decline of 3% driven by a 1% decline in volumes, a 1% decrease in average selling prices including mix and a 1% decrease due to exchange rates. Sequentially, TiO2 sales increased 10%, driven by a 12% increase in sales volumes, partially offset by a 2% decrease in average selling prices including mix.

Zircon revenue decreased 22% to $69 million, driven by a 15% decline in sales volume and a 7% decrease in average selling prices including mix. Sequentially, zircon revenue decreased 8%, driven by a 6% decline in sales volumes and a 2% decrease in average selling prices including mix.

Revenue from other products was $85 million, an increase of 5% year-over-year primarily due to higher sales volumes of pig iron and opportunistic sales of ilmenite. Sequentially, revenue from other products increased 25%.

Net loss attributable to Tronox in the quarter was $111 million, or a loss of $0.70 per diluted share, compared to net loss attributable to Tronox of $9 million, or a loss of $0.06 per diluted share in the year-ago period. Non-recurring adjustments totaled $87 million, or $0.55 per diluted share. Excluding these items, adjusted net loss attributable to Tronox (non-GAAP) was $24 million, or a loss of $0.15 per diluted share.

3 | Page
Adjusted EBITDA of $112 million represented a 15% decrease, driven by lower sales volumes, lower average selling prices including mix, higher average freight costs and headwinds from exchange rate movements, partially offset and lower production and corporate costs. Adjusted EBITDA margin was 15.2%.

Sequentially, Adjusted EBITDA decreased 13% due to higher production costs, lower average selling prices including mix and higher corporate costs, partially offset by higher sales volumes and favorable exchange rate movements.

The Company's selling, general and administrative expenses were $74 million for the quarter, a decrease of 6%. Tronox's net interest expense in the quarter was $40 million. Depreciation, depletion and amortization expense was $71 million.

Balance Sheet, Cash Flow and Capital Allocation
Tronox ended the quarter with $3.0 billion of total debt, $2.8 billion of net debt and a net leverage ratio of 5.2x on a trailing twelve-month basis. Available liquidity at the end of the quarter totaled $443 million, including $138 million in cash and cash equivalents and $305 million available under our revolving credit agreements. The next significant debt maturity for the Company is not until 2029. Tronox does not have any financial covenants on its term loans or bonds.

Free cash flow for the quarter was a use of $142 million. Capital expenditures were $110 million, including investments in the Company's key capital projects to replace existing mines reaching their end of life and sustain the Company's vertical integration benefit.

Outlook
Tronox is maintaining its previous guidance for 2025. While volatility and uncertainty have increased, the Company has not seen significant enough impacts to its business to adjust its outlook. For the full year 2025, the Company is expecting revenue to be $3.0-3.4 billion driven by improving TiO2 and zircon volumes, partially offset by lower sales from other products. Adjusted EBITDA is expected to be $525-625 million, due to improved pigment production costs, partially offset by higher mining production costs. The Company expects the second half of 2025 to be stronger than the first, building on the momentum from the anti-dumping measures being realized in Europe and the additional benefits expected in India and Brazil if anti-dumping measures are finalized. The Company reduced its expected capital expenditures to be less than $365 million. Free cash flow is expected to be greater than $50 million. The Company identified $125-175 million of sustainable, run-rate cost improvements deliverable by the end of 2026. The Company expects the majority of these savings to be realized in 2026.

4 | Page
Webcast Conference Call
Tronox will conduct a webcast conference call on Thursday, May 1, 2025, at 9:00 AM ET (New York). The live call is open to the public and can be accessed via live webcast and teleconference. Please visit investor.tronox.com for a link to register for the live webcast and to view the accompanying slides.

Replay: A webcast replay will be available at investor.tronox.com following the call.

About Tronox
Tronox Holdings plc is one of the world's leading producers of high-quality titanium products, including titanium dioxide pigment, specialty-grade titanium dioxide products and high-purity titanium chemicals, and zircon. We mine titanium-bearing mineral sands and operate upgrading facilities that produce high-grade titanium feedstock materials, pig iron and other minerals, including the rare earth-bearing mineral, monazite. With approximately 6,500 employees across six continents, our rich diversity, unmatched vertical integration model, and unparalleled operational and technical expertise across the value chain, position Tronox as the preeminent titanium dioxide producer in the world. For more information about how our products add brightness and durability to paints, plastics, paper and other everyday products, visit tronox.com.

5 | Page
Cautionary Statement about Forward-Looking Statements
Statements in this release that are not historical are forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements, which are subject to known and unknown risks, uncertainties and assumptions about us, may include projections of our future financial performance, anticipated completion of extensions and upgrades to our mining operations, anticipated trends in our business and industry, including trade defense measures, anticipated costs, benefits and timing of capital projects including planned mining expansions, the Company's anticipated capital allocation strategy including future capital expenditures, the benefits and timing of the Company’s cost improvement plan, and our sustainability goals, commitments and programs. These statements are only predictions based on our current expectations and projections about future events. There are important factors that could cause our actual results, level of activity, performance, actual costs, benefits and timing of capital projects, or the cost improvement plan, or achievements to differ materially from the results, level of activity, performance, anticipated costs, benefits and timing of capital projects, or the cost improvement plan, or achievements expressed or implied by the forward-looking statements. Significant risks and uncertainties may relate to, but are not limited to, macroeconomic conditions; policy changes affecting international trade, including import/export restrictions and tariffs; inflationary pressures and energy costs; currency movements; political instability, including the ongoing conflicts in Eastern Europe and the Middle East and any expansion of such conflicts, and other geopolitical events; supply chain disruptions; market conditions and price volatility for titanium dioxide, zircon and other feedstock materials, as well as global and regional economic downturns, that adversely affect the demand for our end-use products; disruptions in production at our mining and manufacturing facilities; and other financial, economic, competitive, environmental, political, legal and regulatory factors. These and other risk factors are discussed in the Company's filings with the Securities and Exchange Commission.

Moreover, we operate in a very competitive and rapidly changing environment. New risks and uncertainties emerge from time to time, and it is not possible for our management to predict all risks and uncertainties, nor can management assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. Although we believe the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, level of activity, performance, synergies or achievements. Neither we nor any other person assumes responsibility for the accuracy or completeness of any of these forward-looking statements. You should not rely upon forward-looking statements as predictions of future events. Unless otherwise required by applicable laws, we undertake no obligation to update or revise any forward-looking statements, whether because of new information or future developments.

Use of Non-GAAP Information
To provide investors and others with additional information regarding the financial results of Tronox Holdings plc, we have disclosed in this release certain non-U.S. GAAP operating performance measures of EBITDA, Adjusted EBITDA, Adjusted EBITDA margin and Adjusted net income attributable to Tronox, including its presentation on a per share basis, and a non-U.S. GAAP liquidity measure of Free Cash Flow and net leverage ratio on a trailing twelve-month basis. These non-U.S. GAAP financial measures are a supplement to and not a substitute for or superior to, the Company's results presented in accordance with U.S. GAAP. The non-U.S. GAAP financial measures presented by the Company may be different from non-U.S. GAAP financial measures presented by other companies. Specifically, the Company believes the non-U.S. GAAP information provides useful measures to investors regarding the Company's financial performance by excluding certain costs and expenses that the Company believes are not indicative of its core operating results. The presentation of these non-U.S. GAAP financial measures is not meant to be considered in isolation or as a substitute for results or guidance prepared and presented in accordance with U.S. GAAP. A reconciliation of the non-U.S. GAAP financial measures to U.S. GAAP results is included herein.

6 | Page
Investor Relations and Media Contact: Jennifer Guenther
+1.203.705.3701 extension: 103701 (Media)
+1.646.960.6598 (Investor Relations)

7 | Page
TRONOX HOLDINGS PLC
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (U.S. GAAP)
(UNAUDITED)
(Millions of U.S. dollars, except share and per share data)

   
Three Months Ended March 31,
  
   
2025
    
2024
  
Net sales
  
$
738
    
$
774
  
Cost of goods sold
    
639
      
654
  
Gross profit
    
99
      
120
  
Restructuring and other charges
    
86
      
—
  
Selling, general and administrative expenses
    
74
      
79
  
(Loss) Income from operations
    
(61
)
    
41
  
Interest expense
    
(42
)
    
(42
)
Interest income
    
2
      
4
  
Other expense, net
    
(5
)
    
(1
)
(Loss) Income before income taxes
    
(106
)
    
2
  
Income tax provision
    
(5
)
    
(11
)
Net loss
    
(111
)
    
(9
)
Net (loss) income attributable to noncontrolling interest
    
—
      
—
  
Net loss attributable to Tronox Holdings plc
  
$
(111
)
  
$
(9
)
                 
                 
Loss per share:
                
Basic
  
$
(0.70
)
  
$
(0.06
)
Diluted
  
$
(0.70
)
  
$
(0.06
)
                 
Weighted average shares outstanding, basic (in thousands)
    
158,138
      
157,331
  
Weighted average shares outstanding, diluted (in thousands)
    
158,138
      
157,331
  
                 
Other Operating Data:
                
Capital expenditures
    
110
      
76
  
Depreciation, depletion and amortization expense
    
71
      
72
  

8 | Page
TRONOX HOLDINGS PLC
RECONCILIATION OF NON-U.S. GAAP FINANCIAL MEASURES
(UNAUDITED)
(Millions of U.S. dollars, except share and per share data)

RECONCILIATION OF NET LOSS ATTRIBUTABLE TO TRONOX HOLDINGS PLC  (U.S. GAAP)
TO ADJUSTED NET LOSS ATTRIBUTABLE TO TRONOX HOLDINGS PLC (NON-U.S. GAAP)

   
Three Months Ended March 31,
  
   
2025
    
2024
  
             
Net loss attributable to Tronox Holdings plc (U.S. GAAP)
  
$
(111
)
  
$
(9
)
                 
Restructuring and other charges (a)
    
86
      
—
  
Other (b)
    
1
      
2
  
Adjusted net loss attributable to Tronox Holdings plc (non-U.S. GAAP)
  
$
(24
)
  
$
(7
)
                 
Diluted net loss per share (U.S. GAAP)
  
$
(0.70
)
  
$
(0.06
)
                 
Restructuring and other charges, per share
    
0.54
      
—
  
Other, per share
    
0.01
      
0.01
  
Diluted adjusted net loss per share attributable to Tronox Holdings plc (non-U.S. GAAP) (1)
$
(0.15
)
  
$
(0.05
)
                 
Weighted average shares outstanding, diluted (in thousands)
    
158,138
      
157,331
  

(1) Diluted adjusted net income per share attributable to Tronox Holdings plc was calculated from exact, not rounded Adjusted net income attributable to Tronox Holdings plc and share information.
(a) Represents restructuring and other charges associated with the Botlek plant idling.
(b) Represents other activity not representative of the ongoing operations of the Company.

9 | Page
TRONOX HOLDINGS PLC
CONDENSED CONSOLIDATED BALANCE SHEETS
(UNAUDITED)
(Millions of U.S. dollars, except share and per share data)

   
March 31, 2025
    
December 31, 2024
  
ASSETS
            
Current Assets
            
Cash and cash equivalents
  
$
138
    
$
151
  
Restricted cash
    
—
      
1
  
Accounts receivable (net of allowance for credit losses of $1 and $1 as of March 31, 2025 and December 31, 2024, respectively)
    
319
      
266
  
Inventories, net
    
1,605
      
1,551
  
Prepaid and other assets
    
129
      
184
  
Income taxes receivable
    
2
      
2
  
Total current assets
    
2,193
      
2,155
  
                 
Noncurrent Assets
                
Property, plant and equipment, net
    
1,922
      
1,927
  
Mineral leaseholds, net
    
614
      
616
  
Intangible assets, net
    
243
      
244
  
Lease right of use assets, net
    
137
      
140
  
Deferred tax assets
    
831
      
830
  
Other long-term assets
    
129
      
126
  
Total assets
  
$
6,069
    
$
6,038
  
                 
LIABILITIES AND EQUITY
                
Current Liabilities
                
Accounts payable
  
$
478
    
$
499
  
Accrued liabilities
    
239
      
247
  
Short-term lease liabilities
    
23
      
24
  
Short-term debt
    
183
      
65
  
Long-term debt due within one year
    
38
      
35
  
Income taxes payable
    
—
      
4
  
Total current liabilities
    
961
      
874
  
                 
Noncurrent Liabilities
                
Long-term debt, net
    
2,753
      
2,759
  
Pension and postretirement healthcare benefits
    
86
      
85
  
Asset retirement obligations
    
191
      
172
  
Environmental liabilities
    
41
      
40
  
Long-term lease liabilities
    
106
      
107
  
Deferred tax liabilities
    
181
      
174
  
Other long-term liabilities
    
44
      
36
  
Total liabilities
    
4,363
      
4,247
  
                 
Commitments and Contingencies
                
Shareholders’ Equity
                
Tronox Holdings plc ordinary shares, par value $0.01 — 158,462,071 shares issued and outstanding at March 31, 2025 and 157,938,056 shares issued and outstanding at December 31, 2024
    
2
      
2
  
Capital in excess of par value
    
2,089
      
2,084
  
Retained earnings
    
425
      
555
  
Accumulated other comprehensive loss
    
(842
)
    
(880
)
Total Tronox Holdings plc shareholders’ equity
    
1,674
      
1,761
  
Noncontrolling interest
    
32
      
30
  
Total equity
    
1,706
      
1,791
  
Total liabilities and equity
  
$
6,069
    
$
6,038
  

10 | Page
TRONOX HOLDINGS PLC
CONSOLIDATED STATEMENTS OF CASH FLOWS
(UNAUDITED)
(Millions of U.S. dollars)

   
Three Months Ended March 31,
  
   
2025
    
2024
  
Cash Flows from Operating Activities:
            
Net loss
  
$
(111
)
  
$
(9
)
Adjustments to reconcile net loss to net cash provided by operating activities:
                
Depreciation, depletion and amortization
    
71
      
72
  
Deferred income taxes
    
4
      
11
  
Share-based compensation expense
    
5
      
6
  
Amortization of deferred debt issuance costs and discount on debt
    
2
      
2
  
Restructuring and other charges
    
86
      
-
  
Other non-cash items affecting net income (loss)
    
12
      
16
  
Changes in assets and liabilities:
                
Increase in accounts receivable, net of allowance for credit losses
    
(49
)
    
(94
)
(Increase) decrease in inventories, net
    
(35
)
    
11
  
Decrease in prepaid and other assets
    
18
      
16
  
Restructuring payments
    
(2
)
    
-
  
Decrease in accounts payable and accrued liabilities
    
(22
)
    
(49
)
Net changes in income tax payables and receivables
    
(4
)
    
(3
)
Changes in other non-current assets and liabilities
    
(7
)
    
(8
)
Cash used in operating activities
    
(32
)
    
(29
)
                 
Cash Flows from Investing Activities:
                
Capital expenditures
    
(110
)
    
(76
)
Loans
    
15
      
-
  
Cash used in investing activities
    
(95
)
    
(76
)
                 
Cash Flows from Financing Activities:
                
Repayments of short-term debt
    
(6
)
    
(6
)
Repayments of long-term debt
    
(6
)
    
(5
)
Proceeds from short-term debt
    
121
      
-
  
Dividends paid
    
-
      
(1
)
Restricted stock and performance-based shares settled in cash for withholding taxes
    
(1
)
    
-
  
Cash provided by (used in) financing activities
    
108
      
(12
)
                 
Effects of exchange rate changes on cash and cash equivalents and restricted cash
    
5
      
(2
)
                 
Net decrease in cash and cash equivalents and restricted cash
    
(14
)
    
(119
)
Cash and cash equivalents and restricted cash at beginning of period
    
152
      
273
  
Cash and cash equivalents and restricted cash at end of period
  
$
138
    
$
154
  

11 | Page
TRONOX HOLDINGS PLC
RECONCILIATION OF NET LOSS TO EBITDA AND ADJUSTED EBITDA, ADJUSTED EBITDA AS A % OF NET SALES AND NET DEBT TO TRAILING-TWELVE MONTHS ADJUSTED EBITDA (NON-U.S. GAAP)
(UNAUDITED)
(Millions of U.S. dollars)

   
Three Months Ended March 31,
  
   
2025
    
2024
  
             
Net loss (U.S. GAAP)
  
$
(111
)
  
$
(9
)
Interest expense
    
42
      
42
  
Interest income
    
(2
)
    
(4
)
Income tax provision
    
5
      
11
  
Depreciation, depletion and amortization expense
    
71
      
72
  
EBITDA (non-U.S. GAAP)
    
5
      
112
  
Share-based compensation (a)
    
5
      
6
  
Accretion expense and other adjustments to asset retirement obligations and environmental liabilities (b)
    
7
      
7
  
Accounts receivable securitization program (c)
    
4
      
3
  
Foreign currency remeasurement (d)
    
1
      
(2
)
Restructuring and other charges (e)
    
86
      
—
  
Other items (f)
    
4
      
5
  
Adjusted EBITDA (non-U.S. GAAP)
  
$
112
    
$
131
  

   
Three Months Ended March 31,
  
   
2025
    
2024
  
Net sales
  
$
738
    
$
774
  
Net loss (U.S. GAAP)
  
$
(111
)
  
$
(9
)
Net loss (U.S. GAAP) as a % of Net sales
    
(15.0
)%
    
(1.2
)%
Adjusted EBITDA (non-U.S. GAAP) (see above) as a % of Net sales
    
15.2
%
    
16.9
%

   
March 31, 2025
    
December 31, 2024
  
Long-term debt, net
  
$
2,753
    
$
2,759
  
Short-term debt
    
183
      
65
  
Long-term debt due within one year
    
38
      
35
  
(Less) Cash and cash equivalents
    
(138
)
    
(151
)
Net debt
  
$
2,836
    
$
2,708
  
Trailing-twelve month Adjusted EBITDA (non-U.S. GAAP)
  
$
545
    
$
564
  
Net debt to trailing-twelve month Adjusted EBITDA (non-U.S. GAAP) (see above)
    
5.2
x
    
4.8
x

(a) Represents non-cash share-based compensation.
(b) Primarily represents accretion expense and other noncash adjustments to asset retirement obligations and environmental liabilities.
(c) Primarily represents expenses associated with the Company's accounts receivable securitization program which is used as a source of liquidity in the Company's overall capital structure.
(d) Represents realized and unrealized gains and losses associated with foreign currency remeasurement related to third-party and intercompany receivables and liabilities denominated in a currency other than the functional currency of the entity holding them, which are included in “Other expense, net” in the unaudited Condensed Consolidated Statements of Operations.
(e) Represents restructuring and other charges associated with the Botlek plant idling.
(f) Includes noncash pension and postretirement costs, asset write-offs and other items included in “Selling general and administrative expenses”, “Cost of goods sold” and “Other expense, net” in the unaudited Condensed Consolidated Statements of Operations.

12 | Page
TRONOX HOLDINGS PLC
FREE CASH FLOW (NON-U.S. GAAP)
(UNAUDITED)
(Millions of U.S. dollars)

The following table reconciles cash used in operating activities to free cash flow for the three months ended March 31, 2025:
          
   
Three Months Ended March 31, 2025
  
Cash used in operating activities
  
$
(32
)
Capital expenditures
    
(110
)
Free cash flow (non-U.S. GAAP)
  
$
(142
)

13 | Page
TRONOX HOLDINGS PLC
RECONCILIATION OF TRAILING TWELVE MONTH NET INCOME (LOSS) TO EBITDA AND ADJUSTED EBITDA (NON-U.S. GAAP)
(UNAUDITED)
(Millions of U.S. dollars)


   
Three Months Ended
      
Trailing Twelve
Month Adjusted
EBITDA
   
June 30, 2024
    
September 30, 2024
 
December 31, 2024
    
March 31, 2025
                               
Net income (loss) (U.S. GAAP)
  
$
10
    
$
(25
)
  
$
(30
)
  
$
(111
)
  
$
(156
)
Interest expense
    
42
      
42
      
41
      
42
      
167
  
Interest income
    
(2
)
    
(3
)
    
(1
)
    
(2
)
    
(8
)
Income tax provision
    
45
      
26
      
45
      
5
      
121
  
Depreciation, depletion
and amortization expense
    
72
      
70
      
71
      
71
      
284
  
EBITDA (non-U.S. GAAP)
    
167
      
110
      
126
      
5
      
408
  
Share-based compensation (a)
    
4
      
7
      
4
      
5
      
20
  
Foreign currency remeasurement (b)
    
4
      
8
      
(11
)
    
1
      
2
  
Accretion expense and other adjustments to asset retirement obligations and environmental liabilities (c)
    
7
      
8
      
1
      
7
      
23
  
Accounts receivable securitization program (d)
    
4
      
4
      
4
      
4
      
16
  
Sale of royalty interest (e)
    
(28
)
    
—
      
—
      
—
      
(28
)
Restructuring and other charges (f)
    
—
      
—
      
—
      
86
      
86
  
Loss on extinguishment of debt (g)
    
—
      
3
      
—
      
—
      
3
  
Other items (h)
    
3
      
3
      
5
      
4
      
15
  
Adjusted EBITDA (non-U.S. GAAP)
  
$
161
    
$
143
    
$
129
    
$
112
    
$
545
  

(a) Represents non-cash share-based compensation.
(b) Represents realized and unrealized gains and losses associated with foreign currency remeasurement related to third-party and intercompany receivables and liabilities denominated in a currency other than the functional currency of the entity holding them, which are included in “Other expense, net” in the unaudited Condensed Consolidated Statements of Operations.
(c) Primarily represents accretion expense and other noncash adjustments to asset retirement obligations and environmental liabilities.
(d) Primarily represents expenses associated with the Company's accounts receivable securitization program which is used as a source of liquidity in the Company's overall capital structure.
(e) Represents the sale of a royalty interest in certain Canadian mineral properties, net of associated transaction costs included in "Other expense, net" in the unaudited Condensed Consolidated Statements of Operations.
(f) Represents restructuring and other charges associated with the Botlek plant idling.
(g) Represents the loss in connection with the refinancing of the Term Loan Facility in the US.
(h) Includes noncash pension and postretirement costs, asset write-offs, severance expense and other items included in “Selling general and administrative expenses”, “Cost of goods sold” and “Other expense, net” in the unaudited Condensed Consolidated Statements of Operations.


14 | Page
 EX-101.SCH 3 trox-20250430.xsd XBRL TAXONOMY EXTENSION SCHEMA 000100 - Document - Document and Entity Information link:presentationLink link:calculationLink link:definitionLink EX-101.LAB 4 trox-20250430_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE Cover [Abstract] Document Type Written Communications Soliciting Material Pre-commencement Tender Offer Pre-commencement Issuer Tender Offer Amendment Flag Document Fiscal Year Focus Document Fiscal Period Focus Document Period End Date Entity Registrant Name Entity Central Index Key Entity File Number Entity Tax Identification Number Entity Incorporation, State or Country Code Entity Emerging Growth Company Entity Address, Address Line One Entity Address, Address Line Two Entity Address, Address Line Three Entity Address, City or Town Entity Address, State or Province Entity Address, Country Entity Address, Postal Zip Code City Area Code Local Phone Number Title of 12(b) Security No Trading Symbol Flag Trading Symbol Security Exchange Name EX-101.PRE 5 trox-20250430_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE GRAPHIC 6 image0.jpg begin 644 image0.jpg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end XML 8 R1.htm IDEA: XBRL DOCUMENT v3.25.1
Document and Entity Information
Apr. 30, 2025
Cover [Abstract]  
Document Type 8-K
Amendment Flag false
Document Period End Date Apr. 30, 2025
Entity File Number 001-35573
Entity Registrant Name TRONOX HOLDINGS PLC
Entity Central Index Key 0001530804
Entity Incorporation, State or Country Code X0
Entity Tax Identification Number 98-1467236
Entity Address, Address Line One 263 Tresser Boulevard, Suite 1100
Entity Address, City or Town Stamford
Entity Address, State or Province CT
Entity Address, Postal Zip Code 06901
City Area Code 203
Local Phone Number 705-3800
Title of 12(b) Security Ordinary shares, par value $0.01 per share
Trading Symbol TROX
Security Exchange Name NYSE
Entity Emerging Growth Company false
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
EXCEL 9 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx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end XML 10 Show.js IDEA: XBRL DOCUMENT // Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission. Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105. var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0); e.removeAttribute('id');a.parentNode.appendChild(e)}} if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'} e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}} XML 11 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ .report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } .report table.authRefData a { display: block; font-weight: bold; } .report table.authRefData p { margin-top: 0px; } .report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } .report table.authRefData .hide a:hover { background-color: #2F4497; } .report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } .report table.authRefData table{ font-size: 1em; } /* Report Styles */ .pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ .report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } .report hr { border: 1px solid #acf; } /* Top labels */ .report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } .report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } .report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; white-space: normal; /* word-wrap: break-word; */ } .report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } .report td.pl div.a { width: 200px; } .report td.pl a:hover { background-color: #ffc; } /* Header rows... */ .report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ .report .rc { background-color: #f0f0f0; } /* Even rows... */ .report .re, .report .reu { background-color: #def; } .report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ .report .ro, .report .rou { background-color: white; } .report .rou td { border-bottom: 1px solid black; } .report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ .report .fn { white-space: nowrap; } /* styles for numeric types */ .report .num, .report .nump { text-align: right; white-space: nowrap; } .report .nump { padding-left: 2em; } .report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ .report .text { text-align: left; white-space: normal; } .report .text .big { margin-bottom: 1em; width: 17em; } .report .text .more { display: none; } .report .text .note { font-style: italic; font-weight: bold; } .report .text .small { width: 10em; } .report sup { font-style: italic; } .report .outerFootnotes { font-size: 1em; } XML 13 FilingSummary.xml IDEA: XBRL DOCUMENT 3.25.1 html 1 22 1 false 0 0 false 0 false false R1.htm 000100 - Document - Document and Entity Information Sheet http://tronox.com/role/DocumentAndEntityInformation Document and Entity Information Cover 1 false false All Reports Book All Reports ef20048257_8k.htm trox-20250430.xsd trox-20250430_lab.xml trox-20250430_pre.xml http://xbrl.sec.gov/dei/2024 true false JSON 15 MetaLinks.json IDEA: XBRL DOCUMENT { "version": "2.2", "instance": { "ef20048257_8k.htm": { "nsprefix": "trox", "nsuri": "http://tronox.com/20250430", "dts": { "inline": { "local": [ "ef20048257_8k.htm" ] }, "schema": { "local": [ "trox-20250430.xsd" ], "remote": [ "http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd", "http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd", "http://www.xbrl.org/2003/xl-2003-12-31.xsd", "http://www.xbrl.org/2003/xlink-2003-12-31.xsd", "http://www.xbrl.org/2004/ref-2004-08-10.xsd", "http://www.xbrl.org/2005/xbrldt-2005.xsd", "http://www.xbrl.org/2006/ref-2006-02-27.xsd", "http://www.xbrl.org/lrr/arcrole/factExplanatory-2009-12-16.xsd", "http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd", "http://www.xbrl.org/lrr/role/net-2009-12-16.xsd", "https://www.xbrl.org/2020/extensible-enumerations-2.0.xsd", "https://www.xbrl.org/dtr/type/2020-01-21/types.xsd", "https://www.xbrl.org/dtr/type/2022-03-31/types.xsd", "https://xbrl.fasb.org/srt/2024/elts/srt-2024.xsd", "https://xbrl.fasb.org/srt/2024/elts/srt-roles-2024.xsd", "https://xbrl.fasb.org/srt/2024/elts/srt-types-2024.xsd", "https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd", "https://xbrl.fasb.org/us-gaap/2024/elts/us-roles-2024.xsd", "https://xbrl.fasb.org/us-gaap/2024/elts/us-types-2024.xsd", "https://xbrl.sec.gov/country/2024/country-2024.xsd", "https://xbrl.sec.gov/currency/2024/currency-2024.xsd", "https://xbrl.sec.gov/cyd/2024/cyd-2024.xsd", "https://xbrl.sec.gov/dei/2024/dei-2024.xsd", "https://xbrl.sec.gov/exch/2024/exch-2024.xsd", "https://xbrl.sec.gov/naics/2024/naics-2024.xsd", "https://xbrl.sec.gov/sic/2024/sic-2024.xsd", "https://xbrl.sec.gov/stpr/2024/stpr-2024.xsd" ] }, "labelLink": { "local": [ "trox-20250430_lab.xml" ] }, "presentationLink": { "local": [ "trox-20250430_pre.xml" ] } }, "keyStandard": 22, "keyCustom": 0, "axisStandard": 0, "axisCustom": 0, "memberStandard": 0, "memberCustom": 0, "hidden": { "total": 2, "http://xbrl.sec.gov/dei/2024": 2 }, "contextCount": 1, "entityCount": 1, "segmentCount": 0, "elementCount": 29, "unitCount": 0, "baseTaxonomies": { "http://xbrl.sec.gov/dei/2024": 22 }, "report": { "R1": { "role": "http://tronox.com/role/DocumentAndEntityInformation", "longName": "000100 - Document - Document and Entity Information", "shortName": "Document and Entity Information", "isDefault": "true", "groupType": "document", "subGroupType": "", "menuCat": "Cover", "order": "1", "firstAnchor": { "contextRef": "c20250430to20250430", "name": "dei:DocumentType", "unitRef": null, "xsiNil": "false", "lang": "en-US", "decimals": null, "ancestors": [ "span", "div", "div", "div", "div", "body", "html" ], "reportCount": 1, "baseRef": "ef20048257_8k.htm", "first": true, "unique": true }, "uniqueAnchor": { "contextRef": "c20250430to20250430", "name": "dei:DocumentType", "unitRef": null, "xsiNil": "false", "lang": "en-US", "decimals": null, "ancestors": [ "span", "div", "div", "div", "div", "body", "html" ], "reportCount": 1, "baseRef": "ef20048257_8k.htm", "first": true, "unique": true } } }, "tag": { "dei_AmendmentFlag": { "xbrltype": "booleanItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "AmendmentFlag", "presentation": [ "http://tronox.com/role/DocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "Amendment Flag", "documentation": "Boolean flag that is true when the XBRL content amends previously-filed or accepted submission." } } }, "auth_ref": [] }, "dei_CityAreaCode": { "xbrltype": "normalizedStringItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "CityAreaCode", "presentation": [ "http://tronox.com/role/DocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "City Area Code", "documentation": "Area code of city" } } }, "auth_ref": [] }, "dei_CoverAbstract": { "xbrltype": "stringItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "CoverAbstract", "lang": { "en-us": { "role": { "label": "Cover [Abstract]", "documentation": "Cover page." } } }, "auth_ref": [] }, "dei_DocumentFiscalPeriodFocus": { "xbrltype": "fiscalPeriodItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "DocumentFiscalPeriodFocus", "presentation": [ "http://tronox.com/role/DocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "Document Fiscal Period Focus", "documentation": "Fiscal period values are FY, Q1, Q2, and Q3. 1st, 2nd and 3rd quarter 10-Q or 10-QT statements have value Q1, Q2, and Q3 respectively, with 10-K, 10-KT or other fiscal year statements having FY." } } }, "auth_ref": [] }, "dei_DocumentFiscalYearFocus": { "xbrltype": "gYearItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "DocumentFiscalYearFocus", "presentation": [ "http://tronox.com/role/DocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "Document Fiscal Year Focus", "documentation": "This is focus fiscal year of the document report in YYYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006." } } }, "auth_ref": [] }, "dei_DocumentPeriodEndDate": { "xbrltype": "dateItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "DocumentPeriodEndDate", "presentation": [ "http://tronox.com/role/DocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "Document Period End Date", "documentation": "For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD." } } }, "auth_ref": [] }, "dei_DocumentType": { "xbrltype": "submissionTypeItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "DocumentType", "presentation": [ "http://tronox.com/role/DocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "Document Type", "documentation": "The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'." } } }, "auth_ref": [] }, "dei_EntityAddressAddressLine1": { "xbrltype": "normalizedStringItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "EntityAddressAddressLine1", "presentation": [ "http://tronox.com/role/DocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "Entity Address, Address Line One", "documentation": "Address Line 1 such as Attn, Building Name, Street Name" } } }, "auth_ref": [] }, "dei_EntityAddressAddressLine2": { "xbrltype": "normalizedStringItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "EntityAddressAddressLine2", "presentation": [ "http://tronox.com/role/DocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "Entity Address, Address Line Two", "documentation": "Address Line 2 such as Street or Suite number" } } }, "auth_ref": [] }, "dei_EntityAddressAddressLine3": { "xbrltype": "normalizedStringItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "EntityAddressAddressLine3", "presentation": [ "http://tronox.com/role/DocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "Entity Address, Address Line Three", "documentation": "Address Line 3 such as an Office Park" } } }, "auth_ref": [] }, "dei_EntityAddressCityOrTown": { "xbrltype": "normalizedStringItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "EntityAddressCityOrTown", "presentation": [ "http://tronox.com/role/DocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "Entity Address, City or Town", "documentation": "Name of the City or Town" } } }, "auth_ref": [] }, "dei_EntityAddressCountry": { "xbrltype": "countryCodeItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "EntityAddressCountry", "presentation": [ "http://tronox.com/role/DocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "Entity Address, Country", "documentation": "ISO 3166-1 alpha-2 country code." } } }, "auth_ref": [] }, "dei_EntityAddressPostalZipCode": { "xbrltype": "normalizedStringItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "EntityAddressPostalZipCode", "presentation": [ "http://tronox.com/role/DocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "Entity Address, Postal Zip Code", "documentation": "Code for the postal or zip code" } } }, "auth_ref": [] }, "dei_EntityAddressStateOrProvince": { "xbrltype": "stateOrProvinceItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "EntityAddressStateOrProvince", "presentation": [ "http://tronox.com/role/DocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "Entity Address, State or Province", "documentation": "Name of the state or province." } } }, "auth_ref": [] }, "dei_EntityCentralIndexKey": { "xbrltype": "centralIndexKeyItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "EntityCentralIndexKey", "presentation": [ "http://tronox.com/role/DocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "Entity Central Index Key", "documentation": "A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK." } } }, "auth_ref": [ "r1" ] }, "dei_EntityEmergingGrowthCompany": { "xbrltype": "booleanItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "EntityEmergingGrowthCompany", "presentation": [ "http://tronox.com/role/DocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "Entity Emerging Growth Company", "documentation": "Indicate if registrant meets the emerging growth company criteria." } } }, "auth_ref": [ "r1" ] }, "dei_EntityFileNumber": { "xbrltype": "fileNumberItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "EntityFileNumber", "presentation": [ "http://tronox.com/role/DocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "Entity File Number", "documentation": "Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen." } } }, "auth_ref": [] }, "dei_EntityIncorporationStateCountryCode": { "xbrltype": "edgarStateCountryItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "EntityIncorporationStateCountryCode", "presentation": [ "http://tronox.com/role/DocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "Entity Incorporation, State or Country Code", "documentation": "Two-character EDGAR code representing the state or country of incorporation." } } }, "auth_ref": [] }, "dei_EntityRegistrantName": { "xbrltype": "normalizedStringItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "EntityRegistrantName", "presentation": [ "http://tronox.com/role/DocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "Entity Registrant Name", "documentation": "The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC." } } }, "auth_ref": [ "r1" ] }, "dei_EntityTaxIdentificationNumber": { "xbrltype": "employerIdItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "EntityTaxIdentificationNumber", "presentation": [ "http://tronox.com/role/DocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "Entity Tax Identification Number", "documentation": "The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS." } } }, "auth_ref": [ "r1" ] }, "dei_LocalPhoneNumber": { "xbrltype": "normalizedStringItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "LocalPhoneNumber", "presentation": [ "http://tronox.com/role/DocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "Local Phone Number", "documentation": "Local phone number for entity." } } }, "auth_ref": [] }, "dei_NoTradingSymbolFlag": { "xbrltype": "trueItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "NoTradingSymbolFlag", "presentation": [ "http://tronox.com/role/DocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "No Trading Symbol Flag", "documentation": "Boolean flag that is true only for a security having no trading symbol." } } }, "auth_ref": [] }, "dei_PreCommencementIssuerTenderOffer": { "xbrltype": "booleanItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "PreCommencementIssuerTenderOffer", "presentation": [ "http://tronox.com/role/DocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "Pre-commencement Issuer Tender Offer", "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act." } } }, "auth_ref": [ "r3" ] }, "dei_PreCommencementTenderOffer": { "xbrltype": "booleanItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "PreCommencementTenderOffer", "presentation": [ "http://tronox.com/role/DocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "Pre-commencement Tender Offer", "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act." } } }, "auth_ref": [ "r5" ] }, "dei_Security12bTitle": { "xbrltype": "securityTitleItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "Security12bTitle", "presentation": [ "http://tronox.com/role/DocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "Title of 12(b) Security", "documentation": "Title of a 12(b) registered security." } } }, "auth_ref": [ "r0" ] }, "dei_SecurityExchangeName": { "xbrltype": "edgarExchangeCodeItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "SecurityExchangeName", "presentation": [ "http://tronox.com/role/DocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "Security Exchange Name", "documentation": "Name of the Exchange on which a security is registered." } } }, "auth_ref": [ "r2" ] }, "dei_SolicitingMaterial": { "xbrltype": "booleanItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "SolicitingMaterial", "presentation": [ "http://tronox.com/role/DocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "Soliciting Material", "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act." } } }, "auth_ref": [ "r4" ] }, "dei_TradingSymbol": { "xbrltype": "tradingSymbolItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "TradingSymbol", "presentation": [ "http://tronox.com/role/DocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "Trading Symbol", "documentation": "Trading symbol of an instrument as listed on an exchange." } } }, "auth_ref": [] }, "dei_WrittenCommunications": { "xbrltype": "booleanItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "WrittenCommunications", "presentation": [ "http://tronox.com/role/DocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "Written Communications", "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act." } } }, "auth_ref": [ "r6" ] } } } }, "std_ref": { "r0": { "role": "http://www.xbrl.org/2003/role/presentationRef", "Publisher": "SEC", "Name": "Exchange Act", "Number": "240", "Section": "12", "Subsection": "b" }, "r1": { "role": "http://www.xbrl.org/2003/role/presentationRef", "Publisher": "SEC", "Name": "Exchange Act", "Number": "240", "Section": "12", "Subsection": "b-2" }, "r2": { "role": "http://www.xbrl.org/2003/role/presentationRef", "Publisher": "SEC", "Name": "Exchange Act", "Number": "240", "Section": "12", "Subsection": "d1-1" }, "r3": { "role": "http://www.xbrl.org/2003/role/presentationRef", "Publisher": "SEC", "Name": "Exchange Act", "Number": "240", "Section": "13e", "Subsection": "4c" }, "r4": { "role": "http://www.xbrl.org/2003/role/presentationRef", "Publisher": "SEC", "Name": "Exchange Act", "Number": "240", "Section": "14a", "Subsection": "12" }, "r5": { "role": "http://www.xbrl.org/2003/role/presentationRef", "Publisher": "SEC", "Name": "Exchange Act", "Number": "240", "Section": "14d", "Subsection": "2b" }, "r6": { "role": "http://www.xbrl.org/2003/role/presentationRef", "Publisher": "SEC", "Name": "Securities Act", "Number": "230", "Section": "425" } } } ZIP 16 0001140361-25-016827-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001140361-25-016827-xbrl.zip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ef20048257_8k_htm.xml IDEA: XBRL DOCUMENT 0001530804 2025-04-30 2025-04-30 false 0001530804 8-K 2025-04-30 TRONOX HOLDINGS PLC X0 001-35573 98-1467236 263 Tresser Boulevard, Suite 1100 Stamford CT 06901 203 705-3800 false false false false Ordinary shares, par value $0.01 per share TROX NYSE false