8th Oct 2025 14:27
(Alliance News) - Kenmare Resources PLC on Wednesday said it expects operations at its wet concentrator plant to ramp up in the fourth quarter, after a temporary shutdown.
The Dublin-based titanium producer operates in Mozambique, and has been upgrading its largest mining plant, WCP A.
The plant had been operating at the Namalope prospect, but is expected to transition to mining production at the Nataka license and continue operating there "for the remainder of its economic life, which is expected to exceed 20 years," Kenmare said. Nataka represents about 70% of the company's total mineral resources.
The upgrade was to address differences in ore content at Nataka which has higher levels of slimes, or clay-like particles that affect recovery rates. Kenmare's capital cost estimate for the upgrade is USD341 million, including a new tailings storage facility and infrastructure.
"The scheduled production pause was within our expected timeframe of three to four weeks and was accounted for in our 2025 production guidance, which we remain on track to achieve," noted Chief Operations Officer Ben Baxter.
The company began commissioning of WCP A on Thursday, and now plans to speed up production. The plant aims to operate at its nameplate capacity of 3,500 tonnes per hour by the end of the year, complete its mine path at Namalope in the second quarter of 2026 and begin its transition to Nataka, which is expected to take about 18 months.
"We look forward to WCP A being fully ramped up to its increased capacity by year-end, with WCP A now fully equipped to successfully mine in the large Nataka ore zone, which is the key to Moma's future production," Baxter added.
Kenmare's third-quarter production update is due next Wednesday.
Kenmare traded 0.8% higher at 308.50 pence on Wednesday afternoon in London.
By Holly Munks, Alliance News reporter
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