Kenmare Resources

Kenmare Resources posted a revenue decline to $134.5m in the first half of 2026 (-16%), an EBITDA of $4m and a net loss after tax of $34m. Price pressure on titanium minerals pushed average realised prices down to $242/tonne, while shipments rose 13% to 555,000 tonnes and operating cash costs fell 12%. The company highlighted commercial progress on the new ZrTi product, an extended $230m debt facility and ongoing improvements at WCP A; the full-year delivery guidance of 1.1m tonnes remains unchanged. Investors reacted positively to cost reductions and operational progress, and the stock climbed about 3.9% after the release. » Więcej na de.investing.com

Kenmare Resources plc confirms that discussions with the government of Mozambique on extending material rights and concessions for the Moma titanium minerals mine are ongoing. Operations at the Moma mine continue as normal while the final extension terms are still being negotiated. » Więcej na de.investing.com