Kenmare Resources (LON:KMR) said it appointed Bruno Cavalancia as head of commercial and strategic development for Asia.
Based in Singapore, he will be part of Kenmare's executive marketing team and be responsible for the commercial development of titanium feedstock and mineral sand products from Kenmare's Moma mine into the Asian market.
Asia currently accounts for around 30 percent of Kenmare's sales revenues.
Cavalancia will work in close cooperation with Kenmare's agent in Asia, Mitsui & Co, who will continue to play a key role in marketing ilmenite throughout Asia.
He previously worked with Rio Tinto's (LON:RIO, ASX:RIO, NYSE:RIO) titanium unit for almost 20 years and was involved in Rio's marketing and business development efforts on a global and regional basis. He has substantial experience in managing sales and marketing activities in Asia, specifically regarding the development of markets in China and Japan, Kenmare said.
The group’s general manager for sales and marketing, Eamonn Keenan, said: "Following the expansion of the Moma mine, Kenmare will be producing 10 percent of the world's titanium feedstock output. The expansion allows us to serve new markets and strengthen and expand our customer base. The appointment of Bruno Cavalancia is an important step in our strategy of expanding sales in the Asian market.”
Kenmare operates the Moma titanium minerals mine in Mozambique. At the end of last month, the group said Moma was operating well and production was in line with expectations. The expansion programme to increase production capacity by 50 percent is well underway and scheduled for commissioning and ramp-up in 2012.
Kenmare Resources appoints head of commercial and strategic development for Asia
Published: 07:28 11 May 2011 BST