Base Titanium, the company extracting titanium minerals in Kwale County, will pay its Australian parent firm Base Resources an interim dividend of Sh2.03 billion after earning record revenue for the six months ended December 2022.
Base Resources said in a financial update that the Kenya operation realised revenue of $126.6 million (Sh16.03 billion) in the period, driven by a 32 percent jump in the sales price of its product in the market compared to the corresponding period in 2021.
