Slide 1: Zeus conference presentation
TRANSFORMING RESOURCES INTO OPPORTUNITY FOR ALL Zeus conference presentation 1 May 2025
Slide 2: Disclaimer
Disclaimer This Presentation (the “Presentation”) has been This Presentation does not constitute or form part attainable or will be realised. In particular, certain prepared and issued by Kenmare Resources plc of, and should not be construed as, an offer, statements in this Presentation relating to
Slide 3: Tier one asset, attractive shareholder returns
Tier one asset, attractive shareholder returns Overview of Kenmare Resources plc The Moma Titanium Minerals Mine in Mozambique 18 years of production with >35 years in Mozambique >100 years of Mineral Resources at current production rate Market-leading position Titanium minerals (ilmenite and
Slide 4: Mineral sands: essential to modern life
Mineral sands: essential to modern life Demand for Kenmare’s products is driven by global GDP growth and urbanisation in emerging markets Titanium feedstocks (ilmenite and rutile) World GDP vs TiO2 pigment consumption1 TiO2 pigment imparts whiteness and opacity in the manufacture of paints, plasti
Slide 5: A globally significant mine
A globally significant mine Overview of the Moma Titanium Minerals Mine A tier one asset, a well-established producer Committed to operating responsibly Moma is a mature operation – in production since 2007 Strong safety culture >1Mt ilmenite production in 2024, plus co-products, and >$23m i
Slide 6: Sustained cash flow generation
Sustained cash flow generation 2024 financial highlights Financial performance Other highlights Average price ($/t) Revenue (FOB) 2024 full year dividend 463 418 498 327 360 421 437 392 USc32.0/sh 272 232 (2023: USc56.0/sh) 2020 2021 2022 2023 2024 2020 2021 2022 2023 2024 EBITDA ($m) Profit after t
Slide 7: $295m shareholder returns since 2019
$295m shareholder returns since 2019 Cumulative dividends of $182m and share buy-backs of $113m since dividend policy established Shareholder returns ($m) 120 70% 100 60% 50% 80 82.7 40% 60 30 30% 40 20% 20 51.5 50 32.1 28.6 10% 0 9 11 0% 2019 2020 2021 2022 2023 2024 Dividends Share buy-backs % Pro
Slide 8: Transforming resources into opportunity for all
Transforming resources into opportunity for all Delivering Kenmare’s purpose Resilient long-term production profile Consistent low-cost industry position • One of the world’s largest titanium minerals deposits • 2024 EBITDA margin of 40% • >100 years of Mineral Resources at current production rate •
Slide 9: Questions?
Questions? A metallurgist at the Mineral Separation Plant Contact us Katharine Sutton Investor Relations +353 1 671 0411 ir@kenmareresources.com Follow us