Our business: Overview
Kenmare’s vision is to be a leading titanium minerals producer positioned in the first quartile of the industry revenue to cost curve.
The Company operates the Moma Titanium Minerals Mine in Mozambique, which has Mineral Resources to support production for more than 100 years at the current rate. Kenmare has a strong financial position and has returned over $300 million to shareholders through dividends and share buy-backs since 2019.
>100 years
Moma’s life of mine
6%
Global titanium minerals production attributable to Moma
$77m
Expenditure with Mozambican suppliers in 2024
The Moma Mine
Kenmare operates the Moma Titanium Minerals Mine in Mozambique. Moma is one of the largest titanium minerals deposits in the world with a life of mine of over 100 years at the current production rate.
Our products
Kenmare has two core product streams: titanium feedstocks (ilmenite and rutile) and zircon. Ilmenite is the Company’s primary product, typically representing more than 70% of revenue.
Reserves and resources
Moma is a globally significant titanium minerals deposit with 9.0 billion tonnes of Mineral Resources. This includes 200 million tonnes of ilmenite, plus the co-products of zircon, rutile and mineral sands concentrate (containing monazite).