Record year for Kenmare Resources as production and sales rise

Titanium and zircon miner Kenmare Resources has set a short term target to reduce CO2 emissions by 12% by 2024. The company, which operates the Moma Titanium Minerals Mine in northern Mozambique, has published its Sustainability

Kenmare Resouces, the Irish mining company, has reported bumper profits for its 2021 financial year, allowing it to triple its dividend pay out to shareholders. The company said it had enjoyed a record financial year in

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

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

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

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

Western aerospace companies have increased stocks of titanium and are scrambling to shore up supply chains in case the metal used widely in planemaking is thrust into a potential trade war between Russia and the West.

This week’s release of several large tenders is pushing up the ferro-titanium market, as most suppliers have only small amounts of alloy to offer while the longstanding scrap shortage dents smelting activity. Rotterdam prices for western

I’ve been nagging you to buy big oil and mining in the UK for some time, so I am not going to go on about Shell and BP (except to say that they are not the

The Irish company Kenmare Resources on 13 January reported that last year it produced record levels of titanium minerals and zircon at its mine at Moma, on the coast of the northern Mozambican province of Nampula.

Earnings forecasts for mining company Kenmare Resources have been “materially” updated by analysts at stockbrokers Davy. Kenmare produces ilmenite, the primary ore of titanium, which is used in the manufacture of a number of consumer goods