By Nigel Somerville | Tuesday 17 December 2019
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Fully listed titanium producer in Mozambique, Kenmare Resources (KMR), has announced a miss on its production guidance for the year with regard to the main product, ilmenite. Having previously offered up a target of 900-960 thousand tonnes, we are now told the actual figure could be as low as 870 thousand tonnes.
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