Slide 1: Investor Presentation, 3 December 2020
} KENMARE i , & Investor Presentation... 3 December, 20205
Slide 2: Disclaimer
Disclaimer » This Presentation (the “Presentation”) has been prepared and issued by Kenmare Resources plc (the “Company” or “Kenmare”). While this Presentation has been prepared in good faith, the Company and its respective officers, employees, agents and representatives expressly disclaim any and a
Slide 3: Three strategic pillars
Three strategic pillars » Our strategy is supported by an on-going commitment to be a responsible corporate citizen V4 7 N Targeting 1.2 Mtpa of ilmenite production following the WCP B move, a 35% increase vs 2019 GROWTH 35% MARGIN EXPANSION Increased production and lower unit costs will increase EB
Slide 4: A strengthened focus on safety and sustainability
A strengthened focus on safety and sustainability » Kenmare’s commitment to sustainability recognised by external organisations in H2 2020 Lost Time Injury Frequency Rate! (12 month rolling basis) 050 047 Reinforcing Kenmare’s safety culture 0.40 > Kenmare is seeking to reinforce its safety culture
Slide 5: Production commenced in Pilivili
Production commenced in Pilivili me Targeting 1.2 Mtpa ilmenite production from 2021 > > > WCP Bis operating well in Pilivili Kenmare Resources — Investor Presentation Dec 2020 Mining higher grade ore Between 2018 and 2020 Kenmare undertook three growth projects focused on increasing throughput or a
Slide 6: Final infrastructure commissioning expected in Q1
Final infrastructure commissioning expected in Q1 » Temporary measures to allow production to continue are working well COVID-19 impacts ameliorated >» Global COVID-19 restrictions led to delayed fabrication and delivery of overhead powerline and HMC pipeline » Temporary measures were put in place t
Slide 7: Building operational resilience at the separation plant
Building operational resilience at the separation plant » The Mineral Separation Plant (MSP) has previously operated at the monthly targeted run rate of 1.2 Mtpa Objective: To ensure the MSP can output 1.2 Mtpa consistently Action: Action: Additional separation capacity Construction of additional pr
Slide 8: Positive market conditions for ilmenite
Positive market conditions for ilmenite » Supply gap emerging following record Chinese pigment production Q3 2020 - record Chinese pigment production (‘000 t) IImenite supply reaction insufficient (‘O00 t) 1,000 2,500 800 800 2,000 600 600 1,500 400 400 1,000 200 200 0 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 QI Q2
Slide 9: Contact Us
p KENMARE RESOURCES PLC Contact Us Jeremy Dibb / Katharine Sutton +353 16710411 ir @kenmareresources.com