Kenmare Resources Plc · LSE:KMR
Kenmare Resources — H1 2026 Earnings Presentation
9 slides from Kenmare Resources's earnings presentation, Jul 16, 2026
Slide 1: Q2 & H1 2026 Production Update
Transforming resources into opportunity for all Q2 & H1 2026 Production Update 16 July 2026
Slide 2: Disclaimer
Disclaimer This Presentation (the “Presentation”) has been This Presentation does not constitute or form part statements in this Presentation relating to future prepared and issued by Kenmare Resources plc of, and should not be construed as, an offer, financials, results, plans and expectations (the
Slide 3: Established producer, long mine life
Established producer, long mine life Overview: Kenmare Resources plc The Moma Titanium Minerals Mine in Mozambique Track record of ~20 years of production, with ~40 years in Mozambique >100 years of Mineral Resources at current production rate Trusted corporate citizen Meaningful contribution
Slide 4: Solid shipments but soft ilmenite production in Q2
Solid shipments but soft ilmenite production in Q2 Overview of Q2 2026 Shipments continue to be operational focus in Q2 H1 shipments of 555,600 tonnes were in line with the run rate of annual shipments guidance Annual concentrates production guidance of >81,000t was materially exceeded in H1, me
Slide 5: Strong demand for new ZrTi product
Strong demand for new ZrTi product Q2 2026 operations review Mining Reduced HMC production in Q2 due to: HMC Ilmenite Lower ore grades, primarily at WCP A as it reaches the end of 225,000t 147,200t its Namalope mine path Lower excavated ore volumes due to the elongated -37% -40% commissioning
Slide 6: Dredge performance limits WCP A production
Dredge performance limits WCP A production Status update on the WCP A upgrade project New dredges at WCP A All major construction and installation work is now complete The rate of capital expenditure has decreased substantially, as planned In H1 Kenmare spent ~$23 million of the $30 million of c
Slide 7: Zircon strengthening but ilmenite remains weak
Zircon strengthening but ilmenite remains weak Q2 2026 review and Q3 2026 outlook Stable demand for all products Concentrates production by region (Mt)1 Consistent demand but product markets remain challenging 4 Higher freight charges impacted average ilmenite price received Besides this, limi
Slide 8: Transforming resources into opportunity for all
Transforming resources into opportunity for all Delivering Kenmare’s purpose Resilient long-term production profile Consistent Consistentlow-cost low-costindustry industryposition position • One of the world’s largest titanium minerals deposits • Consistent record of operating cashflow generation •
Slide 9: Contact us
Contact us Katharine Sutton / David Weeks Investor Relations +353 1 671 0411 ir@kenmareresources.com Follow us Wet Concentrator Plant A