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First export of product from the Moma Titanium Mine completed

Monday, December 17th, 2007

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 recently arrived at Moma 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 further information visit: www.kenmareresources.com

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