A decision by plane maker Boeing to stop buying titanium from Russia could benefit Irish mining firm Kenmare Resources, whose Moma mine in Mozambique is one of the largest titanium mineral deposits in the world.
It produces ilmenite and rutile that are ultimately used to make high-performance metals, as well as pigments for paint, food and paper.
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.