September 24, 2017

Moma Mine Expansion Project

Kenmare Resources plc., is a member of the FTSE 250 Index and has a primary listing on the London Stock Exchange and secondary listing on the Irish Stock Exchange. The principal activity of the Group is the operation of the Moma Mine which is located on the north east coast of Mozambique.

The Moma Mine contains reserves of heavy minerals which include the economic titanium minerals ilmenite and rutile used as feedstocks to produce titanium dioxide pigment, as well as the relatively high-value zirconium silicate mineral, zircon.

Kenmare Resources undertook the expansion of the mine and processing facility in order to meet the growing demand which is a result of the shortage of the titanium dioxide feedstock.

The scope of the expansion entailed an upgrade of the capacity of the existing two dredges and wet concentrator plant (WCP) to increase spiral feed capacity from 3,000 tph to 3,500 tph; the installation of a second WCP with a spiral feed capacity of 2,000 tph in a separate dredge pond, utilising a new third dredge on the Namalope reserve; the addition of a West High Intensity Magnetic Separation (WHIMS) circuit of the MSP. WHIMS technology is common place within the mineral sands industry and will be used to separate magnetic and non-magnetic fractions within the HMC whilst in a wet state. This will replace the dry primary separation stage and its associated costs.

In addition, it included an upgrade of the product storage facilities to increase capacity and the existing MSP will need some modifications, including an auxiliary 80tph ilmenite circuit, to increase throughput capacity from 135 tph to 220 tph.

Construction of expanded facilities are set be completed by Q2, followed with handover of Wet Concentrator Plant B and the new dredge from the contractor expected. Handover will allow final commissioning, enabling the processing of first ore and the start of production ramp-up.

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