Iluka Resources (ASX:ILU) reported Wednesday earnings of AU$0.536 diluted share for the 2024 year, down from AU$0.798 per diluted share a year earlier.

Analysts polled by FactSet expected AU$0.53.

Revenue for the 12 months ended Dec. 31 2024 was AU$1.17 billion, compared with AU$1.29 billion a year earlier. Analysts surveyed by FactSet expected sales revenue of AU$1.13 billion.

The mineral sands mining firm said it expects total production for the current year to reach 495,000 tonnes.

Analysts polled by FactSet expect net earnings of AU$0.39 per diluted share on sales of AU$1.27 billion.

The board declared a full-year dividend of AU$0.04 per share, unchanged from the previously reported period, payable March 28 to shareholders on record as of March 5.