ANNUAL REVIEW 2021
Brief history of Kenmare by Jeremy Dibb, Corporate Development and Investor Relations, Kenmare Resources Kenmare Resources plc is an established mining company headquartered in Dubin, Ireland. The Company’s principal asset is the Moma Titanium Minerals Mine, located in northern Mozambique. Moma has the capacity to produce ~ 10% of global demand for titanium, with sufficient resources to support a mine life in excess of 100 years. Kenmare first began exploring for minerals in Mozambique in 1987 and has had an unbroken presence in the county since then. The mine has been in production since 2007 and the company and has a long term commitment to being a responsible corporate citizen, establish the not-for-profit Kenmare Moma Development Association (KMAD) in 2004. Moma has the capacity to mine >40 million tonnes of ore to produce and export more than 1.3 million tonnes of final products per annum, supplying customers operating in more than 15 countries globally. Kenmare produces three main feedstock products; Titanium (Ti), Zirconium (Zr) and Rare Earth Elements (REE). The principal product is the mineral ilmenite, the primary global feedstock for titanium, representing ~70% of revenues. Titanium feedstocks are predominantly used to manufacture titanium dioxide
KMAD community bakery project.
54
www.imqs.ie
Mineral Separation Plant.
(TiO2) pigment, with smaller quantities used to produce titanium metal and welding electrode fluxes. TiO2 pigment is in turn used in the manufacture of paints and other coatings, plastics and paper as well as a number of other applications, including cosmetics, food additives, ceramics and textiles. TiO2 pigment is favoured in many such applications for its brilliant whiteness, ultraviolet protection and non-toxicity. Zircon sand (containg zirconium) is a
primary feedstock to a wide range of industries, of which the ceramics sector is the largest due to its brilliant whiteness. Zircon is also used in refractory, foundry and chemical applications. Finally, monazite is a mineral containing REEs. Once separated, the REEs, such as neodymium and praseodymium, are used in various industrial and technological applications, including the manufacture of wind turbines and electric cars.
Nursery for progressive rehabilitation of the dunes.