History

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1972

Kenmare was incorporated in Ireland on 7 June 1972 pursuant to the 1963 Act under the name Kenmare Oil Exploration Limited (registered number 37550).

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1985

After several years of oil exploration, the Company re-registered as a public limited company under the name Kenmare Oil Exploration Plc in 1985.

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1987

In 1987 Kenmare acquired an interest in licences containing the Congolone heavy mineral sand deposit.

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1994

In 1994 Kenmare began production of graphite at Ancuabe in Mozambique, establishing itself as one of the world’s leading producers of high quality natural flake graphite until 1999.

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1996

1996, BHP became a joint venture partner in the development of the deposit.

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1999

From 1996 to 1999, BHP concentrated on a new area of the Mine and identified new deposits of heavy minerals at the coastal zone of Namalope (comprising the Namalope Reserve as well as the Mualadi and Pivilli deposits). Following BHP’s closure of some titanium feedstock operations in 1999, the joint venture arrangement was dissolved without Kenmare ceding any equity interest to BHP.

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2001

2001, Kenmare acquired the outstanding interest in the licence from the original owner.

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2004

2004, construction began.

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2007

2007, first production from Moma.

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2009

2009, commercial production achieved at Moma.

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2012

2012, EBITDA of US$99 million.

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2015

Q2 2015, achieved annualised production of one million tonnes per annum of products.

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2016

2016, became the third largest TiO2 producer globally.