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Sep 28 2020, 07:10 IST/BST
The news that wet concentrator plant (WCP) B was successfully relocated is very good for Kenmare. It has completed a complex project in a remote location (Mozambique) during a difficult COVID-impacted time. The move sets the baseline to achieve targeted production of ilmenite at 1.2m tonnes per annum. In turn, this will improve operating metrics, financial performance and shareholder returns through both dividends and a higher group valuation.
Sep 28 2020, 07:10 IST/BST