Engine makers looking for titanium supplies outside Russia

Engine makers for Boeing and Airbus jets are working to diversify sources of titanium away from Russia as the conflict in Ukraine threatens access to the metal needed to make critical plane equipment. 

Russia’s VSMPO-Avisma is the main supplier for Safran, a French multinational with operations in King and Snohomish counties that buys nearly half its titanium from VSMPO-Avisma. As military tensions built over recent weeks, the company has bought titanium from distributors in Germany, he said on a conference call. 

Kenmare Resources plc (LON:KMR) is an established mining company, which operates the Moma Titanium Minerals Mine, located on the north east coast of Mozambique.

Click to view all articles for the EPIC:
Or click to view the full company profile:
Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Kenmare Resources plc

More articles like this

Kenmare Resources plc

What is Titanium Metal?

History Titanium metal, with the symbol Ti, is the ninth most abundant element in the earth‘s crust. It does not occur in large deposits, yet small amounts of titanium are found in almost every rock. Titanium is a

Kenmare Resources plc

Titanium – metal of the future

Titanium is being increasingly used in our modern society. It is light, strong and corrosion-resistant. These properties allow it to be used in the aerospace industry, building industry, sports goods industry and as implants in a number of

Kenmare Resources plc

The shares to rely on in a recession

Investors are steeling themselves for a recession as central bankers and politicians struggle to get soaring inflation under control. During troubled times, the conventional advice to investors is ‘don’t panic’ and look to the long term, but it

Kenmare Resources plc

Airbus calls for a metals stockpile policy in EU

European aerospace manufacturer Airbus called on the EU to act on several fronts to secure metals availability at the EIT Raw Materials Summit in Berlin this week. The aerospace and defence industries are heavily dependant on metals such

Kenmare Resources plc

The attractions of small caps

Philip Rodrigs, the man at the helm of the Investec UK Smaller Companies fund, has good reason to be cheerful. The 30-year-old fund manager has delivered an impressive 66.2% return over the past five years. Even during the past

Kenmare Resources plc

Kenmare Resources: 2022 site visit presentation

Moma Mine in Mozambique 15 years of production with >30 years in Mozambique 100 years of Mineral Resources Low environmental impact – >90% of electricity from renewable source (hydropower) Meaningful contribution to the local and national economy Market-leading

Kenmare Resources plc

Kenmare sees a brighter outlook

Poor weather through the March quarter has limited production and shipping volumes at Kenmare Resources’ Moma titanium minerals mine in Mozambique, but the world-leading mineral sands producer is confident better weather will keep it on track through FY2022.

Kenmare Resources plc

Kenmare Resources analyst and investor visit to Moma Mine

Kenmare Resources plc (LON:KMR, ISE:KMR), one of the leading global producers of titanium minerals and zircon, which operates the Moma Titanium Minerals Mine in northern Mozambique, announced that it is hosting a site visit for analysts and investors at

Kenmare Resources plc

Kenmare on track to reduce emissions by 12% by 2024

Irish mining company Kenmare Resources reduced its energy intensity, hired more women and improved its health and safety record in 2021. The company operates one of the world’s largest ilmenite mines, Moma, in Mozambique. Ilmenite is used in

Kenmare Resources plc

Kenmare Resources AGM to be held 26 May 2022

Kenmare Resources plc (LON:KMR) has announced that its Annual General Meeting will be held at The Shelbourne Hotel, 27 St. Stephen’s Green, Dublin 2 at 2.00 p.m. Irish time on 26 May 2022. The Notice of AGM and

Kenmare Resources plc

Kenmare Resources publish sustainability report and inaugural Climate strategy report

Kenmare Resources plc (LON:KMR, ISE:KMR) today announced the publication of its Sustainability Report and its inaugural Climate Strategy Report for the year ended 31 December 2021 and advises that both reports are available on the Company’s website at www.kenmareresources.com/investors/reports-and-presentations. 2021 key sustainability

Kenmare Resources plc

Kenmare Resources’ revenues for 2021 jump by 87%

Titanium and zircon miner Kenmare Resources has reported a big jump in profits and revenues for 2021 after what it called a record year for the company. Kenmare, which operates the Moma Titanium Minerals Mine in northern Mozambique,

No more posts to show