Kenmare (KMR.L, KMR LN)
- 418.6
- 94.9
- 92.6
Company Profile
Kenmare Resources is an Irish-registered company that produces ilmenite, rutile and zircon from its 100%-operated Moma mine located in northern Mozambique. Ilmenite and rutile are titanium minerals mined for their titanium dioxide content that is used in 'quality-of-life' products such as paints, plastics, papers and cosmetics. Zircon is a co-product of titanium mining and is used in ceramics, foundries, etc. Kenmare's Moma mine currently has c.8% share of the global titanium dioxide feedstock market and is the world's largest producer of merchant ilmenite. The group has invested $1.2bn since operations began and the life of mine is +100 years.
Major Shareholders | % |
African Acquisition SARL | 21.5 |
M&G | 17.8 |
FIL | 9.0 |
Miton Group | 8.0 |
Aberforth Partners | 5.7 |