Mineral Deposits Limited (MDL) is an Australia-based company focused on the mineral sands sector through the joint venture interest in TiZir Limited (TiZir). MDL and ERAMET SA each own 50% of TiZir, which owns the Grande Cote Mineral Sands Project in Senegal, and the Tyssedal ilmenite upgrading facility in Norway. The Grande Cote Mineral Sands Project is located on the coast of Senegal starting approximately 50 kilometers north of Dakar and extends northwards for more than 100 kilometers. The main Heavy Mineral (HM) deposits identified to date are Diogo, Mboro, Fass Boye and Lompoul. In January 2014, Mineral Deposits Limited disposed its interest in Teranga Gold Corporation. In June 2014, the Company announced that AMP Ltd and its related bodies corporate has ceased to be the substantial holder of the Company.