Base Resources Limited
BSRUF
Other OTC0.20
USD
+0.01
- -
ISIN
AU000000BSE5
Return %
Stock
S&P500
1Y
171.33
26.84
3Y
-18.60
77.03
5Y
2.31
80.55
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Timothy James Carstens ACA,
- Full Time Employees
- 1,744
- Sector
- Basic Materials
- Industry
- Industrial Materials
- Address
- 46 Colin Street West Perth WA Australia 6005
- IPO Date
- Mar 19, 2014
- Website
- baseresources.com.au
- Similar Companies
- Business
- Base Resources Limited operates as a mineral sands developer and producer with a primary focus on heavy mineral sands and critical minerals essential for industrial applications. Established in 2007 and headquartered in West Perth, Australia, the company owns and operates the Kwale Mineral Sands project in Kenya, producing rutile, ilmenite, and zircon. Additionally, Base Resources is advancing the Toliara project in Madagascar, which is a high-grade, long-life development project rich in ilmenite, rutile, zircon, and monazite, alongside exploration activities in South Bahia, Brazil, and a joint venture in Australia’s Donald project featuring ilmenite, leucoxene, rutile, zircon, monazite, and xenotime. Its product portfolio centers on mineral sands used in pigments for paints, paper, plastics, and production of titanium metals and ceramics. In terms of recent major developments, Base Resources completed a transformational acquisition by Energy Fuels Inc. on October 2, 2024, following Federal Court of Australia approval. This acquisition strategically integrates Base Resources’ mineral sands and critical minerals assets into Energy Fuels, a leading North American uranium and rare earth elements producer, thereby creating a globally significant critical minerals company. The acquisition involved a share exchange valued at approximately USD 178.4 million and included the payment of a special dividend to Base Resources shareholders. Post-acquisition, the company’s shares were suspended from trading on the Australian Stock Exchange as of September 13, 2024, and its operations and management teams have been integrated into Energy Fuels. This strategic alliance positions the combined entity to become a leading supplier of advanced rare earth products and titanium and zirconium minerals amid growing global demand driven by energy transition and geopolitics. Base Resources serves industrial sectors requiring mineral sands and critical minerals and operates primarily in Africa (Kenya and Madagascar) with exploratory efforts extending to South America and Australia. The company’s business segments include mineral sands mining, mineral processing, and project development within the materials and mining industry. It targets customers in pigment, metallurgical, and emerging clean energy markets, emphasizing safety, community engagement, and environmental stewardship. The company was formerly known as Base Iron Limited until 2010 and maintains its headquarters in West Perth, Western Australia. Its leadership includes Managing Director Timothy Carstens and a senior management team with expertise in mining operations and corporate growth. Base Resources employed approximately 1,744 persons as of recent reporting, underscoring its operational scale and geographic footprint. Overall, Base Resources Limited is a specialized heavy mineral sands developer with significant projects in East Africa and Madagascar, integrated into a larger global critical minerals business through its recent acquisition by Energy Fuels Inc., which marks a major strategic growth and operational expansion for the company.
Energy Fuels: Optimistic Overlook Despite Small Profitability Hiccup
Base Resources confirms special dividend as merger nears
Base Resources says Toliera draft MoU well-advanced
Base Resources almost doubles on merger with US group
Base Resources almost doubles on merger with US group
Base Resources chair cheers operational and financial success
Base Resources provides update as Kwale transitions to campaign processing
Base Resources to stop Kwale operations at end of 2024
Base Resources dividend gets mixed response
Base Resources' cash climbs after strong operational year