Iluka Resources Limited
(ASX:ILU) revenue per tonne of mineral sands sold, tumbled over 40 per cent in fiscal 2013, impacted by lower prices.
The miner says production of zircon fell 42 per cent on year, however was in line with guidance.
Mineral sands revenue was $763 million in the year to December 2013, down from $1.07 billion in the prior year.
Production of mineral sands over the year was 1.1 million tonnes, down from 1.5 million tonnes a year earlier.
The miner says lower annual production is in line with guidance and reflects production constraint consistent with Iluka's preferred approach to a period of low market demand.
Iluka Resources generated a net profit of $34.3 million in the first half of fiscal 2013.
