Kenmare Resources has provided a trading update for the quarter and half year ending 30 June 2021.
MD, Michael Carvill, states:
“Kenmare’s capital investment over the last three years continues to deliver as Q2 saw a record quarter of production for ilmenite, improving on the record set in Q1 2021. WCP B continues to perform well in Pilivili, supporting higher volumes of ore mined and final product output. We remain confident in the outlook for annual production and re-iterate our guidance of 1.1-1.2 million tonnes of ilmenite in 2021.
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.