Base Resources Limited - BSE share price

About Base Resources Limited

Base Resources Limited, a mineral sands producer and developer headquartered in Australia, is engaged in the operation of the Kwale project in Kenya. This project focuses on extracting mineral sands products such as ilmenite, rutile, and zircon. Additionally, the company is in the process of developing the Toliara Project located in Madagascar and is actively conducting exploration activities in Tanzania. The company's business segments encompass the Kwale Operation, Toliara Project, and Other initiatives. The primary revenue source for the Kwale Operation segment comes from the sale of rutile, ilmenite, and zircon extracted from the Kwale project in Kenya. Notably, this project boasts a high-grade ore body with a valuable mineral composition, particularly rich in rutile. The company's products from the Kwale Operation are transported to its Likoni Port facility, situated within the Mombasa Port, for subsequent export to customers. Situated approximately 45 kilometers north of Toliara, the Toliara Project in southwest Madagascar is founded on the Ranobe deposit, known for its high-grade and ilmenite-rich nature.