IRC Limited reported sales and production results for the fourth quarter ended December 31, 2012. For the quarter, the company reported iron ore sales of 296,489 tonnes against 192,810 tonnes for the same period a year ago. Ilmenite sales was 43,928 tonnes against 18,187 tonnes for the same period a year ago.

For the year, the company reported iron ore sales of 980,543 tonnes against 770,088 tonnes for the same period a year ago. lmenite sales was 121,238 tonnes against 51,737 tonnes for the same period a year ago.

For the quarter, the company iron ore produced of 275,921 tonnes and Ilmenite produced was 36,383 tonnes.

For the year, the company reported iron ore produced of 969,436 tonnes against 800,291 tonnes for the same period a year ago. lmenite produced was 125,095 tonnes against 63,490 tonnes for the same period a year ago.

For the year 2013, the company expects the production of 900,000 tonnes of iron ore concentrate at 62.5% Fe grade content and 160,000 tonnes for ilmenite with a 48% grade.