Overview
Stage | Production |
Mine Type | Open Pit |
Commodities |
|
Mining Method |
|
Production Start | ...  |
Mine Life | 40 years (as of Jan 1, 2022) |
Ilmenite mined in Fort Dauphin (QMM) operations is being processed in Canada. |
Source:
p. 1
Company | Interest | Ownership |
Government of Madagascar
|
20 %
|
Indirect
|
Rio Tinto plc
|
80 %
|
Indirect
|
QIT Madagascar Minerals (QMM) is 80 per cent owned by Rio Tinto and 20 per cent owned by the Government of Madagascar.
On August 23, 2023, Rio Tinto and the Government of Madagascar reached agreement on the future fiscal arrangements for QIT Madagascar Minerals (QMM) and renewed their long-term partnership for the sustainable operation of the QMM mine in Fort Dauphin, Madagascar.
The new agreement was confirmed by the High Constitutional Court of Madagascar on 8 August 2023 and signed by the parties on 22 August 2023.
Under the terms of the agreement, there will be an increase in the royalty rate from 2% to 2.5% and QMM will issue its first dividend to the Government of Madagascar in 2023.
The State will now hold a 15% free carry ownership of QMM and maintain its 20% voting right, with no obligation to contribute to capital funding or exposure to dilution.
Contractors
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Deposit Type
- Sediment-hosted
- Mineral sands
Summary:
QIT Madagascar Minerals S.A. (QMM) is a JV ilmenite mining project. It consists of three deposits that will be mined sequentially (Mandena, Ste Luce and Petriky). The Mandena, Petriky and Sainte Luce heavy mineral sand deposits are located in the Fort-Dauphin region on the south-eastern tip of Madagascar.
The Fort-Dauphin beach sand placer is located in Flandrian Dunes surrounded by the Vohimena Mountains and the Indian Ocean in South-East of Madagascar Island. The placer contributes 2/3 of the total heavy mineral resources of this country.
In the studied region there are igneous, metamorphic and sedimentary formations. The igneous formation occupies majority part of the Fort-Dauphin region and consists of the Vohimena and the Anosyenne Mountains granitic complexes. The essential compositions of the granitic complex are charnockite and garnet - biotite granite with few dozen meter of lenses containing apatite-biotite, zircon and large crystal of monazite. The Anosyenne granite is composed of ilmenite, monazite and magnetite (Andriamanantena, 2008). The coastal sedimentary formation consists of heavy minerals transported from eroded Anosyenne granite. Due to the potassium feldspar alteration, greenish yellow color is observed along the formation (Lacroix, 1922). The metamorphic formation in this area is characterized by the banded gneiss with biotite, cordierite, spinel, sillimanite, garnet, orthoclase and plagioclase (Bazot, 1974). The placer is very ri ........

Summary:
QMM’s operations comprise three sites to be mined sequentially (Mandena, Ste Luce, and Petriky) Mining at the first site, Mandena, commenced in 2009.
Ilmenite contains titanium dioxide, used principally as a raw material in the manufacture of white pigment. It is mined using a dredge situated on artificial ponds that move across the ore body as mining progresses. A 95 per cent of the material mined by the dredge is returned to the environment.
Flow Sheet:
Summary:

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Production:
Commodity | Units | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
Titanium dioxide
|
kt
| ...... * | ...... * | ...... * | ...... * | 1,116 * | 1,315 * | 1,048 * |
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Reserves at December 31, 2022:
Category | Tonnage | Commodity | Grade | Recoverable Metal |
Proven
|
236 Mt
|
Zircon
|
0.2 %
|
|
Proven
|
236 Mt
|
Ti Minerals
|
3.6 %
|
|
Probable
|
96 Mt
|
Zircon
|
0.1 %
|
|
Probable
|
96 Mt
|
Ti Minerals
|
2.9 %
|
|
Proven & Probable
|
332 Mt
|
Zircon
|
0.2 %
|
0.4 Mt
|
Proven & Probable
|
332 Mt
|
Ti Minerals
|
3.4 %
|
5.1 Mt
|
Measured
|
445 Mt
|
Zircon
|
0.2 %
|
|
Measured
|
445 Mt
|
Ti Minerals
|
4.3 %
|
|
Indicated
|
398 Mt
|
Zircon
|
0.2 %
|
|
Indicated
|
398 Mt
|
Ti Minerals
|
4 %
|
|
Measured & Indicated
|
843 Mt
|
Zircon
|
0.2 %
|
|
Measured & Indicated
|
843 Mt
|
Ti Minerals
|
4.2 %
|
|
Inferred
|
596 Mt
|
Zircon
|
0.2 %
|
|
Inferred
|
596 Mt
|
Ti Minerals
|
3.9 %
|
|
Total Resource
|
1,439 Mt
|
Zircon
|
0.2 %
|
|
Total Resource
|
1,439 Mt
|
Ti Minerals
|
4.1 %
|
|
Corporate Filings & Presentations:
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