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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 .
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 .