London-listed mining company Kenmare Resources—which operates one of the world’s largest producers of titanium and zircon, the Moma mine (Nampula), on the northeast coast of the country – organized a guided tour of its facilities on February 5 and 6 for analysts and investors, whose work focused, among other things, on evaluating the land reclamation program.
According to financial technology company TipRanks, the event included a presentation of key operating assets, notably the recently modernized Wet Concentration Plant A, the Mineral Separation Plant, and visits to Kenmare’s export facilities.
“Analysts and investors learned about community and sustainability initiatives implemented by the mining company, including projects led by the Kenmare Moma Development Association, and evaluated the land reclamation program,” the company said in a statement.
According to the publication, these initiatives reinforce Kenmare’s efforts to demonstrate operational progress, stakeholder engagement, and long-term environmental management for communities.
Last September, Kenmare Resources announced that it had begun work to connect two new dredges and the feed preparation unit to Wet Concentration Plant A (WCP A) as part of a modernization project at its Moma mine.
“The company is modernizing its largest mining plant at the Moma titanium ore mine in preparation for the transition to the Nataka ore zone – the largest ore zone in the Moma portfolio and representing about 70% of its mineral resources,” it said at the time.
The company said the estimated capital cost for the CCH A modernization project and the transition to Nataka was $341 million, including the construction of a new waste disposal facility and infrastructure at Nataka, with about 80% of this capital expected to be spent and deployed by the end of 2025.
The expectation was that by the end of 2025, CCH A would be operating at a capacity of 3,500 tons per hour, with mining operations in Namalope expected to be completed in the second quarter of 2026 and the transition to Nataka to begin at the end of the same quarter, a process expected to take around 18 months.
Kenmare Resources is one of the world’s largest producers of titanium and zircon minerals. With shares traded in London and Dublin, the company supplies titanium raw materials to customers in more than 15 countries, with the Moma mine contributing around 6% of the global supply of raw materials used in paints, plastics, and ceramic coatings.
