Kenmare Resources plc ("Kenmare" or "the Company")
14 December, 2007
First export of product from the Moma Titanium Mine completed
Kenmare Resources is pleased to report the departure of the MV Tinos from the Marine Terminal at Kenmare's Moma Titanium Mine, loaded with 23,000 tonnes of Ilmenite product. The Tinos will proceed to Europe for unloading.
This shipment represents the first dispatch of products to customers from Moma's operations and therefore represents a significant forward step for the project. Another customer vessel arrived at Moma today, for immediate loading.
Charles Carvill, Kenmare's Chairman, said: "This is the big step which we have all been waiting for. Moma is now shipping to customers. It is a major milestone for Kenmare and whilst we had great confidence in the system we are all delighted to have the first load dispatched.".
For more information:
Kenmare Resources plc
Michael Carvill
Managing Director
Tel: + 353 1 671 0411
Mob: + 353 87 674 0110
James Dunny
Tel: +353 1 498 0300
Mob: +353 86 388 3803
Conduit PR Ltd
Leesa Peters
Tel: +44 207 429 6600
Mob: +44 781 215 9885