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Base looks to Madagascar for mineral sands boost

Rejuvenated mineral sands miner Base Resources (AU:BSE) is having another crack at the Toliara asset in Madagascar, three years after a previous attempt to buy the asset proved unsuccessful.

Base looks to Madagascar for mineral sands boost Base looks to Madagascar for mineral sands boost Base looks to Madagascar for mineral sands boost Base looks to Madagascar for mineral sands boost Base looks to Madagascar for mineral sands boost

Toliara in Madagascar will ensure Base has production options beyond 2022

Base is raising A$100 million (US$77 million) to buy the project for US$102 million and, in doing so, shore up its production future decades beyond its Kwale project in Kenya.
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