Moma update

Kenmare Resources

09/12/2024 07:00

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Kenmare Resources plc
(“Kenmare” or “the Company” or “the Group”)

9 December 2024

Moma update

Kenmare Resources plc (LSE:KMR, ISE:KMR), one of the leading global producers
of titanium minerals and zircon, which operates the Moma Titanium Minerals
Mine (the "Mine" or "Moma") in northern Mozambique, provides an update on the
recent protests in Mozambique, including in areas surrounding its Moma Mine.

The safety and wellbeing of employees, contractors, and the Company’s host
communities remain Kenmare’s highest priorities and there are no reported
injuries to date at the Mine. The Company is monitoring the situation closely
and is taking precautionary measures to ensure the continued safety of its
personnel and the integrity of its facilities. Contrary to some media reports,
senior management have remained on the mine site and no employees have been
evacuated.

While the majority of protestors have engaged peacefully, a proportion have
been involved in civil disorder and criminal activities, including
commandeering and damaging vehicles, some of which have subsequently been
returned. However, there has been no damage to Company facilities and
operations at the Mine are continuing as normal.

The presence of authorities on the ground has increased, which has calmed the
situation over the weekend. The Company remains committed to maintaining open
communication with all stakeholders to support the swift and peaceful
resolution of the situation.

Kenmare will provide further updates as required.

For further information, please contact:

Kenmare Resources plc
Jeremy Dibb / Katharine Sutton
Investor Relations
ir@kenmareresources.com
Tel: +353 1 671 0411
Mob: + 353 87 943 0367 / + 353 87 663 0875

Murray (PR advisor)
Paul O’Kane
pokane@murraygroup.ie
Tel: +353 1 498 0300
Mob: +353 86 609 0221

About Kenmare Resources

Kenmare Resources plc is one of the world's largest producers of mineral sands
products. Listed on the London Stock Exchange and the Euronext Dublin, Kenmare
operates the Moma Titanium Minerals Mine in Mozambique. Moma's production
accounts for approximately 7% of global titanium feedstocks and the Company
supplies to customers operating in more than 15 countries. Kenmare produces
raw materials that are ultimately consumed in everyday quality-of life items
such as paints, plastics and ceramic tiles