Kenmare (KMR.L, KMR LN)
- 408.2
- 94.9
- 99.7
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 | % |
State General Reserve Fd. of Oman | 21.5 |
M&G Investment Management Ltd. | 14.8 |
FIL Investment Advisors (UK) Ltd. | 7.6 |
Premier Fund Managers Ltd. | 5.9 |
Aberforth Partners | 5.7 |