Chemaf Copper-Cobalt Mining Expansion
Sector: Metal • Location: Democratic Republic of Congo
Source: Procurement Magazine
Virtus Minerals, leading a consortium, is acquiring Chemaf, a copper and cobalt miner in the Democratic Republic of Congo (DRC). The consortium will invest approximately US$300 million to complete the Mutoshi copper-cobalt project and expand operations at the Etoile mine. Once operational, these projects are expected to produce 75,000 tonnes of copper cathodes and 25,000 tonnes of cobalt hydroxide
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | financial close expected |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | Virtus Minerals, leading a consortium, is acquiring Chemaf, a copper and cobalt miner in the Democratic Republic of Congo (DRC). The consortium will invest approximately US$300 million to complete the Mutoshi copper-cobalt project and expand operations at the Etoile mine. Once operational, these projects are expected to produce 75,000 tonnes of copper cathodes and 25,000 tonnes of cobalt hydroxide annually, forming a key part of the US-Congo critical minerals strategy. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |
