Kenmare urges decision on Mozambique rights renewal

Dublin-headquartered firm has been in inconclusive talks with the Mozambican authorities since 2022 to renew a 20-year mining and export agreement

Kenmare managing director Tom Hickey.

Titanium miner Kenmare Resources said on Wednesday it could seek arbitration over delays to an extension of its mining rights in Mozambique.

The Dublin-headquartered company owns the Moma Titanium Minerals mine on the north-east coast of Mozambique, mainly producing ilmenite. The mineral is a source of titanium dioxide used mainly in industrial paints and coatings as well as in electronic equipment, packaging, pharmaceuticals and cosmetics.