Titanium dioxide
The mineral ilmenite, from which titanium dioxide is made, is plentiful in the islands sand. Titanium dioxide is a white pigment with a variety of uses, including in paint, plastics and cosmetics. The Perth-based Australian company, Titanium Sands, has been doing exploratory drilling and has estimated reserves of up to 265 million tonnes of ilmenite and have started the process of applying for a permit to mine the sand. However, environmental scientists are concerned about the impact of future drilling on birds and other wildlife. The company has said that an environmental impact assessment, followed by public consultation, would be undertaken before a mining licence can be granted.