About Base Resources
Base Resources is a company based in Perth (Australia) founded in 2007, and was acquired by Energy Fuels in April 2024. Mineral sands are produced and developed by Base Resources. Base Resources has completed 1 acquisition, including Base Toliara. Base Resources offers products and services including Heavy Mineral Sands and Rare Earth Mines.
Company details
Base Resources was established in 2007 and is based in Perth, Australia. Focus is placed on the production and development of mineral sands within the mining sector. Operations involve mineral extraction, processing, and exploration projects across relevant geographies. The company is led by Managing Director Tim Carstens, with activities directed toward sustainable resource management in the mineral sands industry.
- Headquarters Perth, Australia
- Stage Acquired
- Email••••••••
- Phone•••• ••••
- Website baseresources.com.au
- Social LinkedIn X
- Acquired by Energy Fuels (Apr 2024)
- Legal Name Base Resources
- Latest Funding Round$68.23M (USD), Post-IPO
Dec 2017
- Investors
- Investments & Acquisitions
- Acquired byEnergy Fuels
(Apr 2024)
Products & Services of Base Resources
Base Resources offers a comprehensive portfolio of products and services, including Heavy Mineral Sands and Rare Earth Mines.
Heavy mineral sands are extracted and processed for industrial applications such as pigments and metals
Rare earth mines are developed and operated to produce minerals like monazite for various uses
Funding Insights of Base Resources
- Total Rounds 2
- Last Round Post-IPO — $68.23M
- First Round $32.86M
(Jan 2015)
All 2 funding rounds of Base Resources with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2017 | $68.23M | Post-IPO | – | – | – |
| Jan 2015 | $32.86M | Post-IPO | – | – | – |
1 investors in total: 1 institutional.
Investors in Base Resources
Base Resources has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Energy Fuels.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Uranium and vanadium exploration and development services are provided. | 2006 | energyfuels.com | Lakewood, United States |
Investor details for Base Resources
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Base Resources
19 people are tracked at Base Resources (4 in leadership, 3 in board & advisors, 12 in team).
| Name | Role | Group |
|---|---|---|
Tim Carstens | Managing Director | Leadership |
Kevin Balloch | CFO | Leadership |
Chadwick Poletti | Chief Legal Officer | Leadership |
Anne-Marie Waters (nee Nunes) | General Manager - Finance HMS Division | Leadership |
Michael Stirzaker | Non-Executive Chair | Board & advisors |
Scot Sobey | Non-Executive Director | Board & advisors |
Sheila Khama | Non-Executive Director | Board & advisors |
Denham Vickers | GM, Operations | Team |
Simon Wall | GM, External Affairs | Team |
Andre Greyling | GM, Growth | Team |
Jean Bruno Ramahefarivo | GM, External Affairs, Madagascar | Team |
Ian Reudavey | Group Manager – Exploration And Resources | Team |
Stephen Hay | GM, Marketing | Team |
Christian Mhandire | Group Accountant | Team |
Amanda Tagliaferri | Group Manager HR & Organisational Development | Team |
Themo Georgiou | Group Legal Manager | Team |
Georgina Jones | Group Sustainability Manager | Team |
Adam Finlay | Group Finance Manager | Team |
Nicole Ryan | Payroll/accounts | Team |
Complete people profiles for Base Resources
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Base Resources
Base Resources has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Base Toliara.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Mining services for ilmenite, zircon, and rutile are provided. | toliarasands.com | Antananarivo, Madagascar | 2010 | Jan 2018 | $75M |
Complete acquisition details for Base Resources
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Base Resources
6 dated milestones of Base Resources across 17 years, from founding to its latest funding, stage changes and deals.
- Founded Base Resources is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $32.9M.
- Funding Latest funding round, Post-IPO, of $68.2M.
- Acquisition Acquires Base Toliara.
- Exit Acquired by Energy Fuels.
Web traffic of Base Resources
The website of Base Resources (baseresources.com.au) receives about 2.5K visits a month.
- Monthly visits2.5K
▼ 24% vs previous month
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Base Resources
Base Resources was founded in 2007 and raised its 1st funding round 8 years after it was founded.
Base Resources is headquartered in Perth, Australia. It is registered at Perth, Western Australia, Australia.
Base Resources was established in 2007 and is based in Perth, Australia. Focus is placed on the production and development of mineral sands within the mining sector. Operations involve mineral extraction, processing, and exploration projects across relevant geographies. The company is led by Managing Director Tim Carstens, with activities directed toward sustainable resource management in the mineral sands industry.
Base Resources offers Heavy Mineral Sands and Rare Earth Mines.
Base Resources has made 1 acquisition, including Base Toliara.
Base Resources has 1 investor. Key investors include Energy Fuels.
Base Resources operates through Base Resources.
Yes. Base Resources was acquired by Energy Fuels in April 2024.