Companies
Lightning strike impacts production at Kenmare Resources
The company is one of the world’s largest producers of titanium minerals and the single largest supplier of ilmenite
Kenmare Resources, the Irish mining company, has said production levels in the first half of this year have been lower than expectations, as it experienced the lingering effects of a severe lightning strike in quarter one and power reliability impacts in quarter two.
“We are therefore updating guidance for ilmenite production for the full year. However, guidance for other products remains unchanged. We anticipate significantly stronger production in half two 2023, supported by higher grades ...
