Kwale titanium project commences
21 October 2013, 10:40
Kwale - Construction at the long-awaited titanium mining project in Kwale County has begun.
Canadian company, Base Titanium Limited, which will carry out the mining activities, confirmed progress had been made since last Thursday.
“Construction of the Mineral Separation Plant (MSP) is now in its final stages, with commissioning of the illmenite and a rutile circuit as well as the commencement of concentrate processing is expected in November. This will be followed by zircon circuit in December,” Base Titanium stated.
It added the construction activities at the Likoni marine facility were in top gear. The same facility will be used for shipment of the minerals.
The project in Kwale County is expected to generate $900 million as surplus cash after the company runs the 13-year mining period. It is expected to triple cash tapped by the mineral sector to Sh2 billion yearly, which will amount to more than Sh26 billion in the 13-year mining period, mainly through taxation and royalties.
Work at the site coincides with the government recently including natural resources such as minerals among the pillars that would drive the country towards attaining the vision 2030.
Titanium mining is expected to uplift the living standards of the residents of Kwale County especially with the County government pledging to oversee equal distribution of the returns earned from extracting natural resources.
– CAJ News