Kenmare Resources Labels Moma Mine as 'Tier 1' and Aims to Reduce Debt Amid Weak Titanium Prices
Kenmare Resources has labeled its Moma mine as a 'Tier 1' asset, capable of supplying 6% of the global titanium minerals market. The company is targeting debt reduction amid weak titanium prices, which led to a modest loss in 2025. It is deferring non-essential capital expenditures and prioritizing cost-cutting and sales to reduce debt.
Topics: corporate strategy debt reduction Moma Mine Mozambique titanium prices