Kenmare managing director Michael Carvill, who has announced he will be stepping down later this year from his position at the company he founded in 1986. Photograph: Dara Mac Dónaill
Earnings before interest, tax, depreciation and amortisation last year came to $220.3 million, the company said on Wednesday, which it said was its “second-strongest” ever result – but 26 per cent below the out-turn for 2022, due to a decline in mineral prices. However, ilmenite prices have since come back. Meanwhile, production was hit at the company’s Moma mine in Mozambique early last year by a severe lightning strike.How to survive an Australian working holiday financially
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