Kenyan firms earn Sh6.9bn from Kwale titanium miner

Base Titanium mining plant in Kwale County.

Photo credit: File | Kevin Odit | Nation Media Group

Kenyan companies earned nearly three-quarters of the payments by Base Titanium to suppliers contracted to the mining operations in Kwale County in the year ended June, latest disclosures show.

The mineral sands company, owned by Australia's Base Resources, spent $57.6 million (about Sh6.91 billion) or 71 percent of its supplies budget on domestic firms, according to a presentation by the multinational's managing director Tim Carstens.

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