KMPL meaning in Business ?

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What is Kenmare Moma Processing Ltd mean?

Kenmare Resources plc is a mining company headquartered in Dublin, Republic of Ireland. It is listed on the London Stock Exchange and Euronext Dublin under the ticker KMR. Kenmare is one of the world's largest mineral sands producers and the Company owns and operates the Moma Titanium Minerals mine. Moma is one of the world's largest titanium minerals deposits, located 160 km from the city of Nampula in Mozambique, Africa.

Kenmare is the world’s fourth largest producer of titanium feedstocks (ilmenite and rutile), which are primarily used to make titanium dioxide (Ti02) pigment. Ti02 pigment impart whiteness and opacity in the manufacture of paper, paint and plastics. The Company is responsible for 7% of global supply of titanium feedstocks at current production levels and this is expected to grow to 10% once Kenmare has completed the third of its three growth projects to increase ilmenite production to 1.2 million tonnes per annum (plus associated co-products).

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Posted on 17 Dec 2024, this text provides information on Miscellaneous in Business related to Business. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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