Kenmare Resources plc reported operating results for the first quarter ended March 31, 2024. For the period, Excavated ore of 9,215,000 tonnes against 9,258,000 tonnes a year ago. HMC production was 316,400 tonnes against 315,000 tonnes a year ago.

HMC processed 307,800 tonnes against 314,800 tonnes a year ago. Ilmenite was 205,500 tonnes against 204,300 tonnes a year ago. Rutile production was 1,500 tonnes, a 12% decrease (Q1 2023: 1,700 tonnes), and concentrates production was 9,600 tonnes, a 5% decrease (Q1 2023: 10,100 tonnes).

These product streams were impacted by the same challenges in the MSP. Concentrates production benefitted from lower recoveries in primary zircon and rutile production.