Kenmare Resources Plc · LSE:KMR
Kenmare Resources — Canada-Africa Chamber of Business 22nd Annual African Mining Breakfast & MineAfrica's 19th (March 2021)
11 slides from Kenmare Resources's conference presentation, Mar 9, 2021
Slide 1: Project delivery strategies during COVID-19: Kenmare Resources as an African case study
} KENMARE Project delivery strategies during COVID-19 : Kenmare Resources as an African case study ICanada-Africa Chamber of Business = , 22nd Annual African Mining Breakfast ae & MineAfrica’s 19th Annual Investin in African Mining Seminar Ben Baxter, Chief Operating Officer Gary Short, Project Dire
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: Who we are - the world's largest supplier of ilmenite
Who we are - the world’s largest supplier of ilmenite » Primarily used for the production of titanium pigment; a bright white opacifier Located in Mozambique, East Africa Moma Titanium Minerals Mine Key products > +30 years experience in country > Mining ~35-40 million tonnes per annum, » Titanium f
Slide 4: Targeting a 1st quartile industry position
Targeting a 1* quartile industry position Development projects now largely complete, positioning us for strong free cash flow generation <=» Margin Expansion Shareholder Returns 7 N > Kenmare is on track to become a first quartile margin producer Revenue to Cash Cost Ratio n 4 wo > This is expected
Slide 5: Project scope: the world's largest & heaviest move
Project scope: the world’s largest & heaviest move m Moving a plant in 80m long, as wide as a football pitch and as tall as a seven story building - in one piece Moma’s highest grade ore zone... > Relocating mining operations from the depleted Namalope ore zone to 23 km of engineered road the new hi
Slide 6: New risk: COVID-19
New risk: COVID-19 » Kenmare’s highest priorities are the safety and wellbeing of our employees and host communities Abundant sanitation stations Rapid development in Q12020 > Critical path project civils were in full swing at site > Long lead contracts were in place internationally with fabrication
Slide 7: COVID-19: Project Mitigations
COVID-19: Project Mitigations » Dynamic and integrated project management Early and frequent communication with contractors Understanding schedule compliance was critical with multiple critical workstreams assessed Buy-in from owners team, EPCM and contractors that solutions must be found to challen
Slide 8: Success factors
Success factors m Project success built around strong relationships Project foundation built in relationships between parties Project management systems and controls > Integration of Project team and Operations > Prompt understanding of schedule, costs and risks > Key relationships with Hatch EPCM p
Slide 9: Final thoughts
Final thoughts » Kenmare is well on it’s way to achieving targeted production of 1.2 Mtpa ilmenite on a sustainable basis Operations in production at Pilivili > > HMC loading truck leaving WCP B HMC production commenced 25 October 2020, as per plan Ramp up of WCP B successful in Q4 2020. Significant
Slide 10: Follow Kenmare on social media
Follow Kenmare on social media » Facebook, Twitter and Linkedin pc KENMARE pb to a he Fgh lar Transporter The dredge Kenmare has gone social > Kenmare has profiles on Facebook, Twitter and Linkedin, which feature regular updates on our corporate social responsibility initiatives, operational and dev
Slide 11: Follow Us
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