Iluka's output of zircon/rutile/synthetic rutile (Z/R/SR) in the fourth quarter of 2022 was 157,000 tons, which was the same as that in the third quarter of 2022. 

 The output of zircon sand in 2022 was 302,700 tons, a decrease of 21,500 tons or 6.6% compared with that in 2021. Despite the continued uncertainty of the global macro economy, the total sales of 80,000 tons of zircon sand in the fourth quarter still met the company's expectations. The production has decreased, and the supply of Iluka zircon sand continued to be tight. In 2022, the sales volume of zircon sand was 333,600 tons, exceeding the output of 30,900 tons, which indicated that the inventory of Iluka was further decreasing.