KRAOMITA MALAGASY S.A.

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The Company

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KRAOMITA MALAGASY (KRAOMA SA) :

- It is a Limited Company with an authorized capital of 3.231.560.000 Ariary belonging entirely to the Malagasy State. It has as main activity extraction, treatment and export of chromium ore.
- KRAOMA exports about 100.000 to 140 000 tons per year, There are two types of chromium ore: "concentrated" chromium and "rock" chromium. The chromite (Mg Fe) (Cr Al Fe)Ò4 is a raw material essential for the manufacturing of ferro-chromium, which is one of the basis in the manufacture of special steels and stainless steels. Therefore, the price of chromite is closely related to that of ferro-chromium.
- Manpower: 380 employees
- The headquarter is located in Antananarivo (capital of Madagascar)
- The exploitatation site is in Briéville- Andriamena (in the North-West of Madagascar)

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