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Expected higher margins for Kenmare Resources

Dublin-based mineral sands producer Kenmare Resources (LON:KMR) gives investors a company overview, explaining that 2020 will be a year of transition. CEO Michael Carvill tells Proactive London that their ilmenite mine in Mozambique is increasing production by 35% from 2021, leading to a reduction in costs against a background of increased demand, particularly from China.

Quick facts: Kenmare Resources plc

Price: 213 GBX

LSE:KMR
Market: LSE
Market Cap: £233.74 m
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