19th Jan 2024 10:11
Kenmare Resources PLC - producer of titanium minerals and zircon from Moma titanium minerals mine in northern Mozambique - Achieves revised 2023 production guidance for ilmenite and original guidance for primary zircon and rutile. Says guidance for concentrates was "materially exceeded". Produces 269,600 tonnes of ilmenite in the fourth quarter, down 7% on the third quarter and 5% from a year before. For all of 2023, ilmenite output is 986,300 tonnes, down 9% on 2022. Ilmenite is a titanium-iron oxide mineral that is the primary ore for titanium. Production of primary zircon is 13% for all of 2023, while production of rutile is down 6%. However, concentrates output is up 1%. Read More
