Maravi

(HERALD) DRC firm keen to supply copper, cobalt products to Zim

DRC firm keen to supply copper, cobalt products to Zim
Business Reporter

A DEMOCRATIC Republic of Congo company, Gecamines has expressed interest in establishing partnership with Zimba-bwean companies to supply copper and cobalt products. The company, which was taking part at the Harare Agricultural Show, which ended on Saturday, is a leading producer of copper and cobalt products. The company produces over 30 000 tonnes of copper and cobalt annually and has a wide market worldwide.

Company spokesperson Mr Emani Misengo said the company was ready to supply Zimbabwe with copper and cobalt products.

"We are looking for businesspeople and companies we can link with so that we can embark on joint ventures," Mr Misengo said.

He said before the war in the mineral-rich country the company was producing over 470 000 tonnes of copper and cobalt annually but this had declined. However, he noted that production was beginning to improve as the country has started to stabilise after the war.

Copper and cobalt products are used to manufacture electricity cables and also by mobile phone manufacturers and the military.

The company has offices in Belgium, Tanzania and South Africa. Gecamines is part of the empire being built by Congolese businessman, Mr Kalaa Mpinga who also owns Bindura Nickel Corporation here, subsidiary to Mwana Africa.

Labels: COPPER, DRC, THE HERALD, ZIMBABWE

posted by MrK @ 7:04 AM