Chemaf Copper-Cobalt Project Expansion and Completion
Sector: Metal • Location: Democratic Republic of Congo
Source: Supply Chain Digital Magazine
Virtus Minerals leads a consortium to acquire Chemaf and plans to invest approximately US$300 million to complete the Mutoshi copper-cobalt project and expand operations at the Etoile mine in the Democratic Republic of Congo. The project aims to produce 75,000 tonnes of copper cathodes and 25,000 tonnes of cobalt hydroxide annually, diversifying critical mineral supply chains away from Chinese con
- Status
- Prospective
- Sector
- Metal, Warehouse
- Location
- Democratic Republic of the Congo
- Updated
- 22 Jul 2026
- Source
- Supply Chain Digital Magazine
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Project Information
Participants
| Not available for this record. |
Status
Original status | planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Virtus Minerals leads a consortium to acquire Chemaf and plans to invest approximately US$300 million to complete the Mutoshi copper-cobalt project and expand operations at the Etoile mine in the Democratic Republic of Congo. The project aims to produce 75,000 tonnes of copper cathodes and 25,000 tonnes of cobalt hydroxide annually, diversifying critical mineral supply chains away from Chinese control. |
Original sector | Mining |
Budget |
Location
Country | Democratic Republic of the Congo (DRC) |
Source
Source | Supply Chain Digital Magazine |
URL |
More Details
Record type | Project |
Sector | Metal, Warehouse |
Article published date | 2026-03-22 |
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