London-listed Kenmare Resources expects the production of all its finished products to be lower in the 2020 financial year than in the 2019 financial year, primarily owing to the wet concentrator plant (WCP) B at its Moma titanium minerals mine, in Mozambique, mining lower-grade ore and being due for relocation soon.
The plant is approaching the end of its current mine path at Namalope and will cease production for up to 12 weeks while it is relocated from Namalope to Pilivili, in the third quarter of the financial year ending December 31, 2020.