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The mining industry of Madagascar is mostly on a small scale, centred mainly around remote locations with large mineral deposits. [1] Mining potential is noted in industrial and metallic minerals, energy, precious and semi-precious stones, as well as ornamental stone. [ 2 ]
Mandena mine (also Mandena operation, Mandena concession, or the QMM mine) is an ilmenite mine operated by Rio Tinto subsidiary QIT Madagascar Minerals (QMM). It is located near Taolagnaro, Fort Dauphin, Anosy region, Madagascar. The mine was first discovered in 1986 in an environmentally fragile and important region.
The Molo mine is one of the largest graphite mines in Madagascar. [1] The mine is located in Atsimo-Andrefana, near the town of Fotadrevo. [1] The deposit was discovered in 2011, following explorations of the nearby Green Giant mine. [2] The mine has reserves amounting to 120 million tonnes of ore grading 8% graphite metal. [1]
Red Island Minerals Ltd (RIM) is a Perth Western Australia-based coal development company operating in Madagascar.The company is wholly owned by PTT Asia Pacific Mining Pty Ltd, [1] a subsidiary of PTT Public Company Limited, a state-owned Thai company.
The rest of equity in the mine is held by the Korean State-owned Korea Mine Rehabilitation and Mineral Resources Corporation (KOMIR). [1] [5] Until 2020, when production was suspended due to the COVID-19 pandemic in Madagascar, the mine was producing 4,000 tonnes of refined cobalt and almost 40,000 tonnes of refined nickel every year.
The Green Giant mine [1] is one of the largest vanadium mines in Madagascar. [2] The mine is located in Betioky Sud in Atsimo-Atsinanana. [2] The mine has reserves amounting to 59.2 million tonnes of ore grading 0.68% vanadium. [2]
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