Madagascar revives Vara Mada mining project as key investment awaits approval

Madagascar’s largest mining venture – dormant for more than two decades – is gaining momentum once again. Formerly known as “Base Toliara” and rebranded “Vara Mada” in December 2025, the project aims to extract strategic minerals including ilmenite, zircon and monazite.

Madagascar revives Vara Mada mining project as key investment awaits approval
Madagascar’s largest mining venture – dormant for more than two decades – is gaining momentum once again. Formerly known as “Base Toliara” and rebranded “Vara Mada” in December 2025, the project aims to extract strategic minerals including ilmenite, zircon and monazite.