|.||Shareholding||Horizon Mining Limited 84.42%, ZCCM-IH 15.58%|
Key Company Highlights
Incorporated in 2013, to process the copper and cobalt tailings dumps (TDs) number 25, 26 and 27 in Kitwe
Has a refinery that produces LME primary cobalt metal and copper;
Will set-up a processing plant to re-process the copper concentrates from the TDs.
Current Operating assets:
The ore processing plant is expected to cost around $USD300 million and will take approximately 18 months to build.
The TDs represent millions of tonnes of ore, which the Company plans to turn into copper cathodes and cobalt hydroxide at the future processing plant.