Kinetic Development Group Launches Rutile Mining Project in Sierra Leone

Reuters2025-12-28

<a href="https://laohu8.com/S/KDGLF">Kinetic Development</a> Group Launches Rutile Mining Project in Sierra Leone

Kinetic Development Group Limited has announced that its indirect wholly-owned subsidiary, Kinetic Development Metal Mining (SL) Limited, has entered into a cooperation agreement with Minenet Company Limited for a rutile mining project in Rotifunk, Moyamba District, Sierra Leone. Under the agreement, Metal Mining will invest in and operate mining activities within a 50 square kilometre area of Minenet's large-scale rutile mining licence, which is valid until February 2049. The first phase of the project will involve the construction of three production lines, each with an annual processing capacity of over 2 million tonnes of raw ore, with total investment estimated at approximately USD 18 million. The project aims for an annual production capacity of about 280,000 tonnes of mineral products.

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. Kinetic Development Group Limited published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251228-11967615), on December 28, 2025, and is solely responsible for the information contained therein.

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