Economic Contribution 2018-10-02T05:06:43+00:00

Economic Contribution

When progressed, the Toliara Project will have a significant positive effect on both the National and Regional economies.

 Indirect and induced economic contributions could be expected to include:

  • Capital investment – while the final capital cost is yet to be finally determined, it is expected to be in excess of US$350 million
  • Employment – direct employment and indirect via supply chain and contractors
  • Local content – the mine will seek to utilise local suppliers where feasible, including spare parts, maintenance and operating consumables, transport, security and other outsourced services
  • Direct taxation contribution – through royalties and direct taxation
  • Indirect tax contributions – employees’ income tax contributions
  • Community development programmes and investment designed in consultation with local communities to address priorities