Mining by country

Mining in Madagascar

What Madagascar mines: graphite (natural) (4.4% of world output, #2), titanium minerals (3.2% of world output, #8), zirconium (zircon) (2.2% of world output, #8), cobalt (1.3% of world output, #4). Below: 3 projects held by listed companies and 1 mine from open mine databases.

Mineral rents0%of GDP, 2021. Higher than 0% of countries.
Ores and metals33%of merchandise exports, 2024.
Biggest world roleGraphite (natural)4.4% of world mine output, #2, 2025.
World top-3 producer of1mineral we track.
On our globe43 projects held by listed companies and 1 mines with open output data.
Governance, World Bank WGI 2025
  • Rule of law-0.95above 23% of countries
  • Political stability-0.53above 25% of countries
  • Regulatory quality-0.83above 19% of countries
  • Control of corruption-1.04above 17% of countries
Estimates from −2.5 to +2.5; the bar sits at the country's score.

Share of world mine production

MineralWorld shareWorld rankYear
Graphite (natural)4.4%22025
Titanium minerals3.2%82025
Zirconium (zircon)2.2%82025
Cobalt1.3%42025
Rare earths0.7%72025

Projects held by listed companies

ProjectCompanyMineralsStage
Vatomina Graphite Project (Tarandava, Old Mine, BK6 areas)Total GraphiteGraphite (natural)Producing
Ampasindava Ionic Clay Rare Earth ProjectHarena Rare EarthsRare earthsDevelopment
Sahamamy Graphite ProjectTotal GraphiteGraphite (natural)Care and maintenance

Mines

MineMineralsOperatorLatest published output
AmbatovyNickel, CobaltAmbatovy Minerals2,900 t (2019)

By mineral

Cobalt minesGraphite (natural) minesRare earths minesTitanium minerals minesZirconium (zircon) mines

World shares: USGS Mineral Commodity Summaries, latest year per mineral. Mineral rents, exports and governance: World Bank WDI and WGI. Trade: CEPII BACI. Projects: listed companies' announcements.