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Kenmare Resources ( (GB:KMR) ) just unveiled an announcement.
Kenmare Resources has reported that its operations at the Moma Titanium Minerals Mine in Mozambique continue without disruption despite recent political unrest in the country. The company has exceeded its production targets for 2024 and implemented increased security measures to protect its facilities and surrounding communities, ensuring ongoing safe and minimal disruption to its activities.
More about Kenmare Resources
Kenmare Resources plc is one of the world’s largest producers of mineral sands products, listed on the London Stock Exchange and the Euronext Dublin. The company operates the Moma Titanium Minerals Mine in Mozambique, contributing approximately 7% of global titanium feedstocks, with a customer base spanning more than 15 countries. Their raw materials are used in everyday items such as paints, plastics, and ceramic tiles.
YTD Price Performance: -3.82%
Average Trading Volume: 88,248
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £298.9M
Find detailed analytics on KMR stock on TipRanks’ Stock Analysis page.
