Base Resources Limited. Base Resources Limited is an Australia-based mineral sands producer. The Company is engaged in the operation of the 100%-owned Kwale Mineral Sands Operation (Kwale Operation) in Kenya. The Company's segments include Kwale Operation and Other operations. The Kwale Operation is located approximately 10 kilometers inland from the Kenyan coast and over 50 kilometers south of Mombasa, the principal port facility for East Africa. The Kwale Operation generates revenue from the sale of rutile, ilmenite and zircon. The project has annual production of approximately 80,000 tons of rutile, over 360,000 tons of ilmenite and approximately 30,000 tons of zircon. The Company's subsidiaries include Base Titanium (Mauritius) Limited, Base Titanium Limited and Base Exploration Tanzania Limited.

Sales Analysis. Base Resources Limited reported sales of A$293.06 million (US$200.87 million) for the fiscal year ending June of 2019. This represents an increase of 14.0% versus 2018, when the company's sales were A$257.03 million. Sales at Base Resources Limited have increased during each of the previous five years (and since 2014, sales have increased a total of 907%).