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M E T O R E X ( P T Y ) LT D

Uniquely positioned in the Southern African base metals mining industry


ame M E T O R E X

( P T Y )

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Long-term Perspective Metorex is consolidating its position as a mid-tier mining Group in Southern Africa through a concerted balance between present day innovation, and future sustainability Writer: Matthew Staff Project Manager: Arron Rampling etorex is proving its credentials across a number of assets in the DRC and Zambian copper belt to reaffirm its status as an established mid-tier mining Group with a concerted focus on long-term profitability. Uniquely positioned in the Southern and Central African base metals mining industry as a pure copper and cobalt investment, the business in its current guise represents more than 40 years of evolution and, following an acquisition by Jinchuan Group International Resources Co Ltd in 2013, the Company has even more clout to add to its innovative and sustainable strategy. The wider Group structure as it exists today instils Metorex as an arm of Jinchuan Group subsidiary, Jinchuan International (HK Listed), and while this has added a number of vital strings to the Company’s bow, it has simply

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40 YEARS

The business in its current guise represents more than 40 years of evolution

complemented a philosophy and operational excellence that had long prior existed within the business. “The Metorex vision is to grow a competitive and sustainable Africanfocused base metal mining Company and build a business development platform and operation base of Jinchuan based in Southern Africa,” the Company states. “To grow a Company that offer opportunity for the development of our employees and communities, delivering to shareholders’ expectations and contributing to the development of our world.” This ethos emanates throughout the Company’s day-to-day missions also, incorporating considerations that apply to both its industrial works within the mines, and the wider impacts the business has on its people, the environment and the surrounding communities. The Company notes: “The Metorex mission is to operate and optimise existing mines and assets; through new mine development, exploration and technical improvements, to realise preservation and appreciation of assets; to produce copper and cobalt products in line with quality specifications; to realise Company growth in order to maximise shareholder interests; to ensure harmonious relationships between employees, communities, government and society; and to create zero harm.”


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MAGNESIA

QUICK LIME

Neelkanth Lime is a name to reckon with in the entire south African region.

AGRICULTURE LIME

HYDRATED LIME

ROCK LIME

We are focused on quality from start to finish Reach out to us

NEELKANTH LIME ZAMBIA P.B.No.71441, Plot No.F/31096, Chilengwa Road, Masaiti Area, NDOLA Zambia. info.ndola@neelkanthlime.com

NEELKANTH LIME TANZANIA P.O. Box 5478, Kiomoni – Amboni Area Tanga, Tanzania info.tanga@neelkanthlime.com


Creating possibilities

in Africa

Our lime products are sold extensively in mining, gold, glass, sugar, water, steel, agriculture and construction industries. Highly customer centric in our approach we pride ourselves in being preferred suppliers to the biggest multinational companies in the SADC region.

Introducing Neelkanth Magnesia Neelkanth Magnesia is produced from the finest quality of ore deposits in the East African region. Neelkanth Lime, fully understanding the hardships of its valued mining clients to source MgO from all across the world, has gone to great lengths to search for rich quality of magnesite ore and has developed this product closer home, thereby delivering high quality MgO at a much lower price.

www.neelkanthlime.com Phone: +260 976 617522


NEELKANTH LIME LTD Started in 2007 in Tanga Tanzania to cater to the increasing demand of lime products in Africa, It is now a name to reckon with in the entire South African region. Our lime products are sold extensively in mining, gold, glass, sugar, water, steel, and agriculture and construction industries.

Lime

Find out more at www.neelkanthlime.com

MM INTEGRATED STEEL LTD We are a leading manufacturer of roofing products, flat & long steel products and water storage tanks in Lusaka, Zambia, recognized throughout the region for their high quality. We combine superior technical competence and unrivalled technological efficiency to produce the quality steel products we are famous for. Find out more at www.mmisteelszambia.com

NEELKANTH SALT WORKS Neelkanth Salt works is the pride of Tanzania. In a market that has so far been characterized by loose, unbranded minimally iodized salt produced by traditional methods on one hand or imported edible salt as the other option Neelkanth refined salt, from Tanzania’s most trusted business house comes with the guarantee of quality, conforming to health standards as prescribed.

Salt

Find out more at www.neelkanthsalt.com

Neelkanth Lime Copperbelt Region, Ndola Office, No. 748 President Avenue, Ndola Zambia.

Neelkanth Cable Copperbelt Region, Ndola Office, No. 748 President Avenue, Ndola Zambia.

Neelkanth Salt Copperbelt Region, Ndola Office, No. 748 President Avenue, Ndola Zambia.

Email: info@neelkanthgroup.com Phone: +260 976 617522

Email: info@neelkanthgroup.com Phone: +260 976 617522

Email: info@neelkanthgroup.com Phone: +44 (0) 208 0000 000

Hospitality & Real Estate Copperbelt Region, Ndola Office, No. 748 President Avenue, Ndola Zambia.

MMI Steel Plot No. 8643 off Mumbwa Road, Chinika Industrial Area, Lusaka, Zambia

InfoTech Business Solutions 1194 Lunzua Road Junction of Addis Ababa Drive Lusaka, Zambia.

Phone: +260 211 846098

Phone: +260 211 253261/253615

Email: info@neelkanthgroup.com Phone: +44 (0) 208 0000 000


NEELKANTH HOSPITALITY Neelkanth Real Estate’s flagship project and first foray into the hospitality industry is the Hotel Park Royale Residency. Located in the heart of Lusaka, the capital of Zambia, the hotel is situated opposite the oldest and most famous shopping mall, Manda Hill. Find out more at www.neelkanthhospitality.com

Hospitality

NEELKANTH CABLES LTD

Cable

Always looking for diversified business directions line, Neelknath Group Zambia Limited has launched another product-line in the manufacturing segment, Neelknath Cables Limited. A state of the art cable manufacturing unit which has been commissioned in Ndola, Zambia. Find out more at www.neelkanthcable.com

INFOTECH BUSINESS SOLUTIONS InfoTech Business Solutions Limited, a part of the Neelkanth Group, offers a diverse range of hardware and software products and services. Our capabilities are built on the philosophy of ‘3RS’ (Right people, right processes and right technology); providing a strong foundation for a best-in-class Integrated Service Delivery Framework for our clients. Find out more at www.infotech-zambia.com

NEELKANTH GROUP

Transforming Lives Transforming Africa Neelkanth Group Copperbelt Region, Ndola Office, No. 748 President Avenue, Ndola Zambia. Email: info@neelkanthgroup.com Phone: +44 (0) 208 0000 000


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ATLAS COPCO DRC SARL

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tlas Copco’s main headquarters in the DRC, based in Lubumbashi, takes advantage of the country’s rich and natural resources. This provides a growing market for the Company’s products, bringing support to both existing and new customers in one of Africa’s larger emerging markets. Marketing products such as drill rigs and consumables for both underground and surface mining operations, as well as exploration equipment, compressors, and construction equipment, the Company aims to provide a strong base for future growth and sustainable productivity within the mining industry within the country. T +243 991 004 430

SUNWEST AFRICA LIMITED

Metorex continues to uphold prestigious standards

Jinchuan Group

Metorex’s parent Company, The Jinchuan Group is a Chinese stateowned resources Company based in the Gansu province of China which produces a host of metals including nickel, cobalt, copper, platinum, palladium, silver and selenium. As the second largest cobalt manufacturer in the world, the third largest copper manufacturer in China, and a leading platinum Group in Asia; “Jinchuan Group promotes the function of encouraging the economic prosperity of limited resources that are used for consumer production, through green development”, Metorex details on its website. “Being the 4th largest nickel manufacturing enterprise in the world, Jinchuan Group also holds

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other prestigious titles such as: “Industries and original energy resource development enables them to improve and streamline processes within the mining industry, thus making Jinchuan Group a leader within their field. Having won the esteemed Chinese Industrial award in April, 2013, this admired mining company Continues to uphold the prestigious standard they have set.” Ultimately, it is Jinchuan’s values which most tie into Metorex’s own approach though, with responsibility, humanism, innovation and ‘winwin’ value at the heart of both organisations’ outlook; and thus their overall structure since 2013.

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hrough the supply of patented three sided “U” shaped cathode edge strips, Sunwest Africa Limited has helped Metorex increase production at Ruashi Mining (a copper and cobalt operation that utilises the SX/EW process) in the Democratic Republic of Congo, thanks to current efficiency improvements due to the innovative design of the cathode edge strips. As a result of the above production benefits, the two companies continue to strengthen their mutually beneficial business relationship.

www.sunwest.com


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ATLAS COPCO DRC SARL PART OF YOUR SUSTAINABLE PRODUCTIVITY Lubumbashi 23 Lac Kipopo, Beaudouin +243 991 004 430

Africa Office Plot 2514 Light Industrial Area Eshowe Road Kitwe, Zambia T: +260 977 845 542/ 00243 973 087 893 E: sales@sunwestafrica.com

USA Office P.O. Box 5091 Tucson Arizona, USA T: +1 520-882-5717 E: sales@sunwesttec.com

Innovative Mining Technology & Services OUR PRODUCTS INCLUDE » CATHODE EDGE STRIPS » ANODE INSULATORS » ACID MIST SUPPRESSION » CELL TOP FURNITURE » CELL HOUSE MAINTENANCE PRODUCTS » SAFETY EQUIPMENT » BUS AND HANGER BARS

www.sunwesttec.com

Sunwest Africa Limited is a leading supplier of high quality consumables and electrical equipment for copper, nickel, zinc, and cobalt EW and ER operations in Africa.

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“We are also developing the Musonoi project, a cobalt copper project in Kolwezi, DRC, which has passed the definitive feasibility study stage, and is being prepared for final optimisation and front end engineering design. “Meanwhile, there is also the Ruashi III expansion project which will extend the mine-life of the Ruashi opencast mine in Lubumbashi, DRC.” “Good operational management” is the key differentiator underpinning the success that Metorex has enjoyed across each of its projects over the decades according to Fitzmaurice; and this is certainly epitomised in pure scale terms when looking at its trademark mining operations.

Chibuluma Mine production began in 1955

Operational management

Scanning the hierarchy and structure further down and you find the esteemed projects that have become so synonymous with Metorex’s capabilities over the years. Comprising the Ruashi Mine, Kinsenda Mine, Musonoi Project and Lubembe Exploration in the DRC - and the Chibuluma Mine and Chifupu Project in Zambia - Metorex is continuously proactive in acquiring lucrative assets while reviewing potential opportunities in the future, in sub-Saharan Africa. “We are a group of senior executives who routinely evaluate and assess opportunities to expand our business,” Group Projects Manager, Vic Fitzmaurice explains in regards to Metorex’s project identification strategy. “Key projects at present include the re-opening and recapitalisation of the Kinsenda Mine in the DRC, which will be in production in 2017.

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Key projects at present include the reopening and recapitalisation of the Kinsenda Mine in the DRC, which will be in production in 2017

• C H I B U L U M A M I N E S “This mining area is located south of Chibuluma in Zambia. Mine production in Chibuluma began in 1955 and currently has a current equivalent annual production capacity of approximately 19,000 tonnes of Copper in the form of concentrate,” the Company details. “The mine currently extracts ore from an underground operation feeding an efficient well run concentrator. “Chibuluma continues to be described as Zambia’s model mine.” • R U A S H I M I N I N G Metorex continues: “Ruashi is a copper and cobalt mine in Katanga province, located within the Democratic Republic of Congo. This mine is made up of three open pits, along with a modern solvent extraction electrowinning processing plant. Ruashi Mining started production way back in 1911. In 2005, this Company was registered as a DRC Company, being developed in two phases.” Phase 1 embraced the construction of the concentrator to a life-span of approximately four years, while Phase 2 catered for the mining of the Ruashi opencast ore body; including the construction of an expanded


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Industrial equipment supply is our field

South Africa 18 Swart Street, Randpark Ridge Ext 49, South Africa Telephone:+27 11 794 8858 E-mail: freddymbaya79@yahoo.com

DRC - Lubumbashi 37, Moero Avenue, C/Lubumbashi Tel 1: +243 99 704 2616 Tel 2: +243 97 100 7999 Email: stevekks@yahoo.fr

No job too small or too big, we do it all!

DRC - Kolwezi 823, Lukala Avenue, C/Dilala Tel 1: +243 99 532 3399 Tel 2: +243 81 215 2405 Email: alainkalaldine@gmail.com

P P E

www.kksenterprise.com

M A N A G E M E N T

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M E T O R E X

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concentrator, the acid leaching section, and a solvent extraction plant for the production of copper and cobalt on-site. • M U S O N O I P R O J E C T “The Musonoi Project is also located in the DRC, on the outskirts of the mining town of Kolwezi,” Metorex explains. “The project area contains at least two known mineralised zones, one of which (known as Dilala East) was discovered as a blind, high grade copper and cobalt deposit in 2007. “Following the initial discovery of the high grade mineralised zone, the property has been extensively drilled and has a declared mineral resource of 31.7 million tons at a grade of 2.8 percent copper and 0.9 percent cobalt. The mineral resource has been defined to a depth of 600 metre below surface and indications are that the ore body is open to approximately 1,000 metres below surface.” The mines around Kolwezi have produced more than 400,000 tonnes of copper per annum in recent years, capitalising on local skills, favourable logistical conditions, and specialist consultants deriving from areas of environmental impacts and on-site technical skills.

The mine has seen a rapid rise to prominence

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The Kinsenda Project currently ranks as one of the world’s highest grade copper deposits with declared mineral resources of 20.7 million tonnes at a grade of 5.6 percent copper

• K I N S E N D A P R O J E C T Metorex notes: “The Kinsenda Project currently ranks as one of the world’s highest grade copper deposits with declared mineral resources of 20.7 million tonnes at a grade of 5.6 percent copper. Kinsenda is situated within the Democratic Republic of Congo, near the border town of Kasumbalesa.” The mine has seen a rapid rise to prominence and productivity following the completion of the bankable feasibility study in 2012; immediately followed by development in 2013 and mining operations incepting in late 2015. Using cut and fill mining methods, the easy access to infrastructure in the area has made it one of Metorex’s key projects and a subsequent exploration of further volumes of inferred mineral resources to the east of the main area is set to add another eight years onto the mine’s overall lifecycle.


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Head Doctor:Jeantilal Parbhoo +243 997 045 924

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POLYC LI

M I N I N G

E-Mail: nicos@ndbrdc.com E-Mail: dimitri@ndbrdc.com www.ndbrdc.com

NDB

IMPORT - EXPORT

Nurse office: +243 997 128 222

‘Healthcare for all’

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• L U B E M B E A 2012 scoping study - compounded by a 2014 feasibility study - kick-started this mine’s development and the potential to mine mixed sulphide and oxide ores to a mineral resource of 93 million tonnes at a grade of 1.9 percent copper. Using open pit methods, the copper-based minerals will be recovered via flotation. “In the second step of processing, the concentrate will be subjected to ferric and acid leaching to produce an electrolytic solution from which copper cathodes will be produced by electrowinning methods.” The Company says.

Strategic anchors

These renowned projects represent more than 40 years of development for Metorex, but it was 2011 where the modern-day Company began to take shape following the announcement of Jinchuan Group’s intention to acquire the business. And since this deal’s completion two years later, the Company has gone from strength to strength, not only in identifying the most lucrative possible mining projects, but in bringing unrivalled innovations, efficiencies and expertise to the fore. “Improving throughputs, removing operational bottlenecks, and cost reduction initiatives across our

Vic Fitzmaurice Group Projects Manager, Metorex Professional Engineer, and Master of Engineering, Vic Fitzmaurice joined Metorex in 2016. Prior to joining Metorex he worked at Gencor, De Beers, Great Western Minerals Group and other mining companies in various senior operational, managerial and project roles.

The Company is going from strength to strength

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operations and head office have been the basis of our continuous improvement strategy over the years, and this also includes areas of supply chain management where there continues to be a focus on central procurement and Sino-based engineering and suppliers to reduce costs,” Fitzmaurice explains. Arguably its most refined, honed and concerted focus revolves around its human capital mission though, with the acknowledgement of its people and localised expertise prominent throughout. The Company continues: “Human Capital bases its foundation on the Metorex strategy which defines the vision and values of the organisation which is enabled through the strategic anchors defined for the organisation. “Our focus is to align the entire human capital function with the greater Metorex strategy and add value to our business. “We are process champions who are aligned to the business, proactively involved, lead by example and act with integrity.”


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Long-term vision

A commitment to effective leadership, employee development, mutual respect, human dignity, and motivational empowerment compounds its overall human capital ethos, and is also backed up by a sincere sense of accountability within Metorex. Ultimately, this culminates in a more streamlined longterm perspective which the Company pinpoints as one of its core values contributing to its present and future success. “We seek to grow our Company and our people, focusing on stability, sustainability and value,” it says. “We do everything to the best of our ability, acting in a professional way, leading by example and continuously improving ourselves and the Company. “Through effective communication and collaboration we will work together as one team to achieve our shared vision and goals.” The last - but by no means least - value revolves around ‘zero harm’, entailing concerns towards workers, the environment, the community and health & safety aspects; once again emphasising Metorex’s drive to not only be profitable and productive, but to do so in a way that will remain sustainable long into the future. “Cost curve management, productivity improvements, and initiatives to remain profitable remain imperative,” Fitzmaurice concludes. “And this contributes to our differentiator which is our long-term vision and our belief in the copper and cobalt market fundamentals, backed up by strong shareholder support. “Over the next few years, we now expect to see the successful operation of the Kinsenda mine, the start of construction of the Musonoi cobalt and copper project, the start of construction of the Ruashi III expansion project, and the unveiling of a significant new asset acquisition.”

Our divisions: > Lining & Coating > Civil Works > Earth Works > Skilled Labors > Engineering

Offering world-class services to mining, chemical, food & power companies.

SOCIETE GENERALE DE SERVICE ET CONSTRUCTION 1168 Av Lumumba, Commune Manika, Ville de Kolwezi E: info@sogescosarl.com P: +243 99 662 46 30 www.sogescosarl.com

Assisting the DRC for fifteen years

Cabinet DOROTHEE Madiya is a law firm specialising in consulting in business, mining and oil law including subsequent legal issues.

T: +243 855 253 667 E: dorothee@madiyalaw.com www.madiyalaw.com

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Metorex Mining Limited The Mall Offices 11 Craddock Avenue cnr Baker Street 2146 South Africa T: +27 11 215 4000 | E: af-info@atlantisfoundries.com www.metorexgroup.com/

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METOREX (PTY) LTD  

Metorex (PTY) Ltd Business Brochure - Africa Outlook Issue 46

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