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Chemaf Copper-Cobalt Project Expansion and Completion

Sector: Metal • Location: Democratic Republic of Congo

Source: Supply Chain Digital Magazine

Project
Planned

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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The project “Chemaf Copper-Cobalt Project Expansion and Completion” is an infrastructure initiative in the Metal sector, located in Democratic Republic of Congo. Taiyo aggregates data on it from Supply Chain Digital Magazine.

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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