Toliara Heavy Mineral Sands (HMS) Project
Sector: Government • Location: Toliara, Madagascar
Source: TradingView
Energy Fuels acquired Base Resources in 2024, gaining control of the high-grade, long-life Toliara HMS project in Madagascar. The government has lifted the project's suspension, development has resumed, and a final investment decision (FID) is expected in early 2026. The project is projected to produce 26,000 tons of monazite per year.
- Status
- Under Construction
- Sector
- Government
- Location
- Toliara, Madagascar
- Updated
- 22 Jul 2026
- Source
- TradingView
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Project Information
Participants
| Not available for this record. |
Status
Original status | under development |
Taiyo status | Under Construction |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Energy Fuels acquired Base Resources in 2024, gaining control of the high-grade, long-life Toliara HMS project in Madagascar. The government has lifted the project's suspension, development has resumed, and a final investment decision (FID) is expected in early 2026. The project is projected to produce 26,000 tons of monazite per year. |
Original sector | Mining |
Location
Country | Madagascar |
City | Toliara |
Source
Source | TradingView |
URL |
More Details
Record type | Project |
Sector | Government |
Article published date | 2025-06-22 |
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