Kenmare - Q4 production and guidance update

Davy Research
/Read Important Disclosures

Kenmare’s Q4 2020 production and shipment volumes were both positive and 2021 volume guidance is slightly above our forecasts. The contribution from mining the Pilivili ore zone contributed to high grades in Q4 and ilmenite prices have increased materially. Our forecasts are under review and we will be making upgrades.