Falcondoite, a member of the sepiolite group, was first discovered in the Dominican Republic, near the town of Bonao. The mineral was found in a deposit mined by Falconbridge Dominica, and so was named "falcondoite" after the company. Falcondoite is frequently associated with sepiolite, garnierite, talc, and serpentine, and is commonly nickel-bearing. While the chemical formula for falcondoite can vary, the mineral must contain more nickel than magnesium to be considered its own species. The ideal chemical formula for falcondoite is (Ni,Mg)4Si6O15(OH)2·6H2O.