Kenmare operates the Moma titanium minerals mine in northern Mozambique.
The group benefitted from higher ore grades being mined by Wet Concentrator Plant (“WCP”) B at Pilivili and calmer sea conditions in the three-month period, according to a trading update.
Overall, its heavy mineral concentrate (HMC) production of 1,201,100 tonnes in 2020, was in line with the prior year, benefitting from the higher ore grades mined in quarter four 2020, but offset by the decrease in excavated ore volumes resulting from WCP B’s relocation during the year.
Ilmenite production of 756,000 tonnes last year was down 15pc on 2019.
Kenmare had total shipments of finished products of 853,100 tonnes last year, representing a 17pc decrease compared to 2019, due to poor sea conditions, and works to upgrade transhipment capacity.
Titanium miner Kenmare Resources said that 2020 was a strong year for the titanium feedstocks market, with Kenmare achieving higher average prices for its ilmenite and rutile products compared with 2019.