Mining company open to international expansion

Kenmare Resources chief Michael Carvill hasn’t ruled out the mining company expanding its international presence and asset base, but said that will only happen when the company’s Moma titanium mine in Mozambique hits full potential in the next couple of years.

Speaking on the back of a strong set of first-half results, Mr Carvill said Kenmare’s plan remains to build Moma into a world-class titanium feedstock asset, operating at full production.

“As soon as that is achieved we’ll look at all possibilities,” he said.