Detail akcie Kenmare Res online

Business Summary: Kenmare Resources plc is an Ireland-based mining company. The Company operates the Moma Titanium Minerals Mine, located on the northeast coast of Mozambique. The Moma Mine contains deposits of heavy minerals, which include the titanium minerals ilmenite and rutile, as well as the zirconium silicate mineral, zircon. The Company is a producer of mineral sands products. The Company's products are raw materials consumed in items, such as paints, paper, plastic and ceramic. The Company produces titanium feedstocks, operating in more than 15 countries. It has three mining ponds where dredges mine titanium-rich sands. 3-5% of the ore contains heavy minerals, which are removed and separated at its plant into four final products: ilmenite, zircon, rutile, and mineral sands concentrate. These products are then loaded onto ocean-going vessels at its dedicated port facility.
Financial Summary: BRIEF: For the six months ended 30 June 2024, Kenmare Resources plc revenues decreased 32% to $165.1M. Net income decreased 69% to $20.9M. Revenues reflect China segment decrease of 35% to $70.9M, Rest of the world segment decrease of 75% to $12.2M, Europe segment decrease of 47% to $24.9M. Net income also reflects Moma Titanium Minerals Mine segment income decrease of 58% to $35.4M. Dividend per share decreased from $0.18 to $0.14.