echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Coatings News > Paints and Coatings Market > Strong ilmenite market demand Record Kenmare production in 2021 Production expected to continue to increase in 2022

    Strong ilmenite market demand Record Kenmare production in 2021 Production expected to continue to increase in 2022

    • Last Update: 2022-04-16
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com
    Strong ilmenite market demand Kenmare (Kenmare Resources) record production in 2021 Production expected to continue to increase in 2022 Kenmare Resourcessplc

    is one of the world's largest producers of mineral sands products
    .
    Listed on the London Stock Exchange and Euronext Dublin, Kenmare operates the Moma titanium mine in Mozambique
    .
    Moma's production accounts for about 5% of global titanium raw materials, and the company supplies its products to customers in more than 15 countries
    .
    The raw materials produced by Kenmare are ultimately consumed in everyday "quality of life" items such as paints, plastics and tiles
    .


    2021 was a strong year for all Kenmare product markets, with record average prices across all products compared to 2020
    .


    The strong market for ilmenite continues into the fourth quarter of 2021, with demand for Kenmare ilmenite exceeding the company's supply capacity
    .
    The average price increased by 13%
    .
    This momentum continues into 2022, supported by demand for Kenmare's product and low ilmenite inventories in the supply chain
    .


    Strong ilmenite market demand Kenmare (Kenmare Resources) record production in 2021 Production expected to continue to increase in 2022 Kenmare Resourcessplc

    is one of the world's largest producers of mineral sands products
    .
    Listed on the London Stock Exchange and Euronext Dublin, Kenmare operates the Moma titanium mine in Mozambique
    .
    Moma's production accounts for about 5% of global titanium raw materials, and the company supplies its products to customers in more than 15 countries
    .
    The raw materials produced by Kenmare are ultimately consumed in everyday "quality of life" items such as paints, plastics and tiles
    .


    2021 was a strong year for all Kenmare product markets, with record average prices across all products compared to 2020
    .


    The strong market for ilmenite continues into the fourth quarter of 2021, with demand for Kenmare ilmenite exceeding the company's supply capacity
    .
    The average price increased by 13%
    .
    This momentum continues into 2022, supported by demand for Kenmare's product and low ilmenite inventories in the supply chain
    .


    Kenmare expects production of all finished products in 2022 to be higher than in 2021, mainly due to increased tonnage mined, more than offsetting the expected grade of 4.
    2%
    .
    Kenmare expects production of all finished products in 2022 to be higher than in 2021, mainly due to increased tonnage mined, more than offsetting the expected grade of 4.
    2%
    .
    The output of ilmenite in 2021 is 1.
    12 million tons, and the output of ilmenite in 2022 is expected to be between 1.
    125 million tons and 1.
    225 million tons
    .
    The output of ilmenite in 2021 is 1.
    12 million tons, and the output of ilmenite in 2022 is expected to be between 1.
    125 million tons and 1.
    225 million tons
    .
    Kenmare (Kenmare Resources) said it is on track to meet its 2022 guidance, but expects production in the first quarter of 2022 to be lower than the expected annual run rate due to poor weather conditions this quarter .
    Kenmare (Kenmare Resources) said it is on track to meet its 2022 guidance, but expects production in the first quarter of 2022 to be lower than the expected annual run rate due to poor weather conditions this quarter .







    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.