Iluka Resources (ASX:ILU) reported Thursday zircon, rutile, and synthetic rutile production of 154,900 tonnes for the fourth quarter ended Dec. 31, 2025, compared with 129,400 tonnes for the quarter ended Dec. 31, 2024.

The company sold 161,400 tonnes of the same during the quarter, up from 136,400 tonnes sold for the quarter ended Dec. 31, 2024, according to an Australian bourse filing.

Mineral sands revenue for the quarter was AU$276 million, down from AU$290 million a year earlier.

In a separate Thursday filing, the company said it expects to incur a pre-tax non-cash impairment charge of about AU$350 million for the year ended Dec. 31, 2025.

The company also expects to include exceptional pre-tax charges totaling about AU$565 million in its results for 2025.

The charges relate to an impairment of the carrying value of the Mineral Sands business unit and recognition of a net realizable value adjustment to inventory.

Underlying mineral sands earnings before interest, taxes, depreciation and amortization before the exceptional charges for 2025 is expected to be around AU$300 million.