Kenmare Resources (“KMR”) has released its Q1’26 production update, with bottlenecks at Wet Concentrator Plant A (“WCP A”) continuing to limit operations at the Moma mine in Mozambique. Heavy mineral concentrate (“HMC”) output fell 30% YoY to 217kt, reflecting lower mined grades of 3.26% (-23% YoY) and ore excavated of 8Mt (-14% YoY). Average grades are expected to decline in 2026, driven by WCP A’s transition to Nataka and curtailment of dry mining operations. At the Mineral Separation Plant (“ ....
