Titanium exports plunge to Sh713m in third quarter

Mining process using pressurised water pipes at the recently closed Base Titanium Site in Kwale County in this photo taken on June 29, 2022. 

Photo credit: File | Nation Media Group

The value of Kenya’s titanium mineral exports fell to a record low in the three months ended September 2024 amid reduced production and shipment as the Kwale-based operation run by Base Titanium prepared for a wind up towards the close of the year.

Fresh data from the Kenya National Bureau of Statistics (KNBS) shows that the value fetched from the shipments during the review period dipped 83.9 percent to Sh713.2 million down from the Sh4.4 billion raised during the preceding quarter ended June.

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Note: The results are not exact but very close to the actual.