Discover and read the best of Twitter Threads about #KMR
Most recents (1)
There has been much discussion about how the recent rollover in commodity prices is due to recessionary fears and demand destruction from already high prices - but there is a class of commodity that appears to be bucking the trend - titanium feedstocks, namely ilmenite
Ilmenite is a mineral sand that is the main input for titanium dixoxide and titanium metal; Kenmare Resources Plc $KMR #KMR, the world's largest ilmenite producer (~8%-10% global mkt share) this wk reported H1 results, which noted record pricing for its products AND - 
reported recent price increases are continuing into Q3 (as other commodity prices have fallen), attributable to tight global supply & low inventories -
