IRC Limited
IRCWF
Other OTC0.01
USD
-0.09
- -
ISIN
HK0001156832
Return %
Stock
S&P500
1Y
-89.25
18.99
3Y
-90.00
64.75
5Y
-92.33
71.84
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Denis Vitalievich Cherednichenko
- Full Time Employees
- 1,670
- Sector
- Basic Materials
- Industry
- Industrial Materials
- Address
- 6H, 9 Queen’s Road Central Hong Kong
- IPO Date
- Sep 23, 2022
- Website
- ircgroup.com.hk
- Similar Companies
- Business
- IRC Limited is a Hong Kong-based investment holding company primarily engaged in the production and development of industrial commodities, with a focus on iron ore mining. The company operates through four business segments: Mines In Production, which manages iron ore projects currently in the production phase; Mines In Development, which focuses on exploration and development of iron ore projects; Engineering, providing in-house engineering and scientific expertise mainly in Russia; and Other, which includes the production of vanadium pentoxides and related products primarily in China. IRC serves customers largely in China and Russia, leveraging its geographic operations in the Russian Far East and the People's Republic of China. IRC was founded in 2010 and is headquartered in Central, Hong Kong. Recent major company developments include the completion of the disposal of its 46% equity interest in Heilongjiang Jianlong Vanadium Industries Co., Ltd., a move valued at approximately US$4.5 million, marking a strategic divestment from its vanadium-related joint venture. Additionally, IRC's 2024 operational focus has seen an increase in iron ore production and sales volume, reflecting ongoing production growth despite challenges related to ore quality. The company also continues to assess the impact of international sanctions on its Russian operations, currently reporting no material direct effect on its activities. Further strategic financial moves include a rights issue plan to raise approximately HK$362 million. IRC maintains long-term customer relationships with significant partners in China and Russia and has updated its capital expenditure and earnings guidance to reflect current market conditions. IRC Limited's industrial commodity portfolio centers on iron ore mining and related engineering services, as well as supplementary chemical products like vanadium pentoxides. The company provides extensive mining operations, engineering services, and commodity production, accompanied by development phase projects to sustain and grow its resource base. It employs about 1,670 staff and caters primarily to the heavy industry sectors in the regions where it operates. IRC's continuous investment in iron ore projects alongside selective divestments from non-core assets illustrates its strategic focus on core commodity production and operational efficiency. The company is listed on the Hong Kong Stock Exchange under the ticker IRCWF and carries a significant presence as a mineral resource developer and producer within its operational regions. Its engineering segment exemplifies a dedicated effort to internalize technical expertise in Russia, supporting mining and production efficiency. Furthermore, IRC has emphasized expanding its product offerings and maintaining financial discipline to navigate an evolving geopolitical and economic landscape affecting its material supply chains and markets. Overall, IRC Limited is positioned as a leading industrial commodities producer specializing in iron ore, with operations concentrated in the Russian Far East and China, complemented by engineering services and chemical product manufacturing. Recent strategic changes involve a divestment from vanadium production ventures and operational growth in core mining activities, supported by ongoing financial capital strategies to enhance shareholder value and sustain growth trajectories.
IRC Limited (IRCWD) Q4 2025 Earnings Call Transcript