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Mineral sand miner Kenmare Resources expects to hit the bottom end of its 2022 guidance, after a strong September quarter thanks to high mining rates and ore grades. Ilmenite pricing remained high, despite a recent drop in pigment prices.
As a result of the stronger production in Q3 2022, following weaker than anticipated production in H1, Kenmare expects production of finished products to be at or around the bottom of its 2022
Higher grades and stronger ilmenite prices finished 2020 on a strong note for Kenmare.
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