IRC Ltd

Detailed Description

IRC Limited, an investment holding company, develops, produces, and sells industrial commodities products in the Russia, People's Republic of China, and internationally. The company operates through four segments: Mines in Production, Mines in Development, Engineering, and Other. The Mines in Production segment comprises iron ore projects in production phase, which include the Kimkan and Sutara project located in the Obluchenskoye district of the Jewish Autonomous Region in the Russian Far East. The Mines in Development segment consists of iron ore projects in the exploration and development phase comprising the Garinskoye project that focuses on iron ore deposits in the Amur region; and the Bolshoi Seym project that explores for ilmenomagnetite, magnetite, and ilmenite located in the located in the Tynda district of Amur region in the Russian Far East region. The Engineering segment provides technical mining research and consultancy services. The Other segment primarily includes the Kuranakh project that produces titanomagnetite and ilmenite concentrate products located in the Tynda district of Amur region in the Russian Far East region. IRC Limited is also involved in the provision of general trading, financing, engineering, and procurement services; and development of titanium sponge. The company was incorporated in 2010 and is headquartered in Central, Hong Kong.