Kenmare Resources (“KMR”) has reported its Q2’25 operational results from the Moma mine. Ilmenite output rose to 245kt, with improved grades and heavy mineral concentrate (“HMC”) recoveries offsetting a decrease in ore excavation rates. However, zircon and rutile production fell due to movements in in-process stocks and lower recoveries, respectively. Total shipments of 182kt were down 41% QoQ, reflecting poor weather conditions and maintenance to both transshipment vessels that led to shipment ....

16 Jul 2025
Kenmare Resources: Q2’25 trading update – WCP A project on track & 2025 production guidance in sight, but shipments lagging

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Kenmare Resources: Q2’25 trading update – WCP A project on track & 2025 production guidance in sight, but shipments lagging
Kenmare Resources Plc (KMR:LON) | 333 28.3 2.6% | Mkt Cap: 297.1m
- Published:
16 Jul 2025 -
Author:
Roger Bell -
Pages:
3 -
Kenmare Resources (“KMR”) has reported its Q2’25 operational results from the Moma mine. Ilmenite output rose to 245kt, with improved grades and heavy mineral concentrate (“HMC”) recoveries offsetting a decrease in ore excavation rates. However, zircon and rutile production fell due to movements in in-process stocks and lower recoveries, respectively. Total shipments of 182kt were down 41% QoQ, reflecting poor weather conditions and maintenance to both transshipment vessels that led to shipment ....