🎊Boots on the ground update🎊
The board have been to the Molulu site today. Azurite copper reconfirming high grade sulfide copper.
#CRTM#Molulu#Copper#Cobalt#Mining
▶️The Project's proximity to copper smelters in Lubumbashi and
Likasi will provide processing and/or selling channels for copper
and cobalt production and therefore generate near term cashflow
from any production from the Project.
🎊Company Strategy🎊
▶️The Directors believe the acquisition of Molulu has the potential
to generate significant value for shareholders and is in line with
its stated acquisition strategy.
#CRTM#Molulu#Copper#Cobalt#Mining
▶️The Acquisition fits in with the Company's strategy of focusing
primarily on known deposits, targeting projects with low entry
costs and potential to generate short-term cash flow.
▶️The Molulu Project has been under-developed due to a lack of
investment.
▶️The Acquisition fits in with the Company's strategy of focusing
primarily on known deposits, targeting projects with low entry
costs and potential to generate short-term cash flow.
▶️The Molulu Project has been under-developed due to a lack of
investment.
▶️A number of large multinationals and listed companies have copper projects in DRC including Glencore which owns two large-scale copper-cobalt mines in the country: Katanga and Mutanda, and TSX listed Ivanhoe Mines’ Kamoa-Kakula mining project.
🎊DRC Investment Case🎊
🧵
▶️The DRC’s economy has grown substantially since the early 2000s fuelled mainly by natural resources.
#CRTM#Molulu#Cobalt#Mining
▶️It is a leading actor in the provision of new strategic minerals needed for technology, including electronics and rechargeable lithium-ion batteries, which are critical to decarbonise energy and transport.
Copper consumption showing exponential demand with 700 million metric tonnes expected to be required in just 22 years, while the world has mined the same mass throughout history.
#CRTM#Molulu#Copper#Mining
#Copper consumption showing exponential demand with 700 million metric tonnes expected to be required in just 22 years, while the world has mined the same mass throughout history.
🎊Acquisition of Copper/Cobalt
asset – Minière Molulu - DRC🎊
H2/2022 presentation can be found on the official company website below. 👇🏻
https://t.co/38r34YaPgy…
#CRTM#Molulu#Copper#Cobalt#DRCongo
🎊Market Demand for Copper/Cobalt🎊
H2/2022 presentation can be found on the official company website below. 👇🏻
https://t.co/38r34YaPgy…
#CRTM#Molulu#Copper#Cobalt
How much more #copper does the world need?
▪️700 million metric tons has been mined in all of human history
➡️ The #green enrgy goals on the books means
we will need roughly the same amount within the next 22 years.
#Metals#Mining#Copper#Molulu#CRTM
How much more #copper does the world need?
▪️700 million metric tons has been mined in all of human history
➡️ The #green enrgy goals on the books means
we will need roughly the same amount within the next 22 years
#Metals#Mining#Sustainability#geoeconomics
🎊TR-1: Standard form for notification of major holdings🎊
Ian Hannam has purchased 2,400,000 which equates to 4.56% of the total shares in issue.
Who is Ian Hannam ? 🧵
#CRTM
Hannam brought together Glencore and Xstrata in a $90bn (£56bn) deal, but Hannam also pursued JP Morgan's smaller mining activities in Afghanistan, working with the Pentagon to demonstrate the country is safe for foreign investors.