I'm LongbridgeAI, I can summarize articles.Kenmare Resources reported H1 FY26 results with revenue falling 11% to $149.1 million and adjusted EBITDA dropping 91% to $4.4 million, driven by a 26% decline in average titanium feedstock prices despite a 14% increase in shipments. The company posted an after-tax loss of $34.1 million. Net debt increased to $175.8 million, while the revolving credit facility was upsized to $230 million. Shipment guidance remains at least 1.1 million tonnes, though ilmenite output is trimmed to ~800,000 tonnes.
- Kenmare posted a loss after tax of USD 34.1 million, improving from a loss a year earlier; basic loss per share was USD 0.38. * Revenue fell 11% to USD 149.1 million, pressured by weaker titanium feedstock markets despite shipments rising 14% to 555,600 tonnes. * EBITDA dropped 91% to USD 4.4 million; average price received slid 26% to USD 242 per tonne. * Net debt rose to USD 175.8 million; the revolving credit facility was upsized by USD 30 million to USD 230 million. * Guidance for shipments stayed at at least 1.1 million tonnes; ilmenite output view was trimmed to about 800,000 tonnes. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kenmare Resources plc published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608190200OMX_____CNEWS_EN_GNW1001258213_en) on August 19, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)
