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The government benefitted from a direct revenue of Sh29.3 billion from the mining project. Kenya has been exporting between 17 to 18 vessels of titanium per year.
Uncertainty over the future of Base Titanium’ however a concern.
AIM and Media Release 8 May 2023 BASE RESOURCES LIMITED Tanzanian exploration – Umba South Phase 1 drill results Key Points Phase 1 reverse circulation drilling program completed at... | May 9, 2023
The programme is dubbed Mradi wa Kuimarisha Kilimo-Biashara Kwale (MKUKI-Kwale)
Base Titanium posted a 12.6 percent decline in sales in the quarter ended March.