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Kenmare Resources plc, operating alongside its various subsidiaries, is engaged in the global extraction and distribution of mineral sand products. The company's sales footprint extends across major markets including China, Europe, and the United States, in addition to other international territories. Its principal operational asset is the Moma Titanium Minerals Mine, which is located on the northeastern coastline of Mozambique. The product portfolio primarily consists of crucial industrial minerals like ilmenite, zircon, and rutile. Furthermore, the company processes and supplies various…
Kenmare Resources plc (KMRPF) Q2 2026 Earnings Call Transcript
Kenmare Resources LON: KMR reported lower first-half revenue and a loss after tax as weaker titanium minerals prices outweighed higher shipments and a reduction in cash operating costs.
Kenmare Resources LON: KMR said first-half shipments were ahead of the run rate needed to meet its full-year guidance, as the miner focused on converting elevated finished goods inventory into cash amid weaker mineral sands pricing.
Kenmare Resources plc (LSE:KMR) told investors it expects production to improve in the second half, as first-half production proved weaker-than-expected amidst commissioning at its upgraded Wet Concentrator Plant A. The small-cap miner forecasts 2026 ilmenite output of around 800,000 tonnes.
Shares of Kenmare Resources plc (OTCMKTS:KMRPF - Get Free Report) were up 1.8% during mid-day trading on Tuesday. The stock traded as high as $3.12 and last traded at $3.12. Approximately 6,001 shares changed hands during mid-day trading, an increase of 88% from the average daily volume of 3,189 shares. The stock had previously