Kenmare Resources plc (Kenmare or the Company)
30 January 2020
Analyst site visit to Moma Mine
Kenmare Resources plc (LSE:KMR, ISE:KMR), one of the leading global producers of titanium minerals and zircon, announces that it is hosting a site visit for analysts at its Moma Mine in Mozambique on 30-31 January 2020.
During these two days, the investor and analyst group will visit Momas three mining ponds, Wet Concentrator Plant (WCP) A, WCP B and the new development project, WCP C. The WCP C mining pond was flooded in mid-January 2020 and first heavy mineral concentrate production continues to be expected before the end of February 2020. The WCP C development is the second of three growth projects that together are planned to increase Momas production to 1.2 million tonnes per annum of ilmenite from 2021, which represents a 35% increase compared to 2019 production.
The group will also visit Kenmares dedicated export facilities, the dune rehabilitation area and some of the community initiatives supported by the Kenmare Moma Development Association (KMAD), a not-for-profit organisation established by Kenmare in 2004.
The site visit presentation, including some of the latest photographs of the WCP C development, is available for download from the Company's website:
https://www.kenmareresources.com/investors/reports-and-presentations
For further information, please contact:
Kenmare Resources plc
Jeremy Dibb / Katharine Sutton
Investor Relations
Tel: +353 1 671 0411
Mob: + 353 87 943 0367 / + 353 87 663 0875
Murray (PR advisor)
Joe Heron
Tel: +353 1 498 0300
Mob: +353 87 690 9735
About Kenmare Resources
Kenmare Resources plc is one of the worlds largest producers of mineral sands products. Listed on the London Stock Exchange and the Euronext Dublin, Kenmare operates the Moma Titanium Minerals Mine in Mozambique. Momas production accounts for approximately 7% of global titanium feedstocks and the Company supplies to customers operating in more than 15 countries. Kenmare produces raw materials that are ultimately consumed in everyday quality-of life items such as paints, plastics and ceramic tiles.