Chemaf Cobalt and Copper Projects Development
Sector: Metal • Location: Democratic Republic of Congo
Source: Investor News
Development of Chemaf's cobalt and copper projects in the Democratic Republic of Congo by U.S.-backed Virtus Minerals Inc., including the Mutoshi project, one of the world's richest cobalt deposits. Virtus pledged $750 million to finish developing the projects after acquiring equity for $30 million.
- Status
- Prospective
- Sector
- Metal, Nuclear, Commercial
- Location
- Democratic Republic of the Congo
- Updated
- 22 Jul 2026
- Source
- Investor News
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Project Information
Participants
| Not available for this record. |
Status
Original status | under development |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Development of Chemaf's cobalt and copper projects in the Democratic Republic of Congo by U.S.-backed Virtus Minerals Inc., including the Mutoshi project, one of the world's richest cobalt deposits. Virtus pledged $750 million to finish developing the projects after acquiring equity for $30 million. |
Original sector | Critical Minerals |
Budget |
Location
Country | Democratic Republic of the Congo (DRC) |
Source
Source | Investor News |
URL |
More Details
Record type | Project |
Sector | Metal, Nuclear, Commercial |
Article published date | 2026-03-25 |
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