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Kenmare Resources reports stable demand but expects $125M impairment due to market uncertainties.
Kenmare Resources, a company that produces titanium and zircon, reported stable demand for its products in the second quarter of 2025.
Despite this, the company lowered its long-term pricing expectations due to market uncertainties, leading to an expected impairment charge of up to $125 million.
Despite the financial adjustment, Kenmare remains on track to meet its production and cost targets for the year, with plans for upgrades and a strong order book for the second half of 2025.
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Kenmare Resources informa de una demanda estable, pero espera un deterioro de 125 millones de dólares debido a las incertidumbres del mercado.