On December 31, 2024, Kwale miner Base Titanium will formally shut down its mining activity in Kenya, bringing to a close a decade-long operation that has generated more than Sh36 billion for the Kenya government in taxes and royalties.
The closure following the depletion of commercially viable ore also means the loss of 1,500 jobs and the average of Sh2 billion that the employees were earning annually from the operation.