Chemaf is a well-established cobalt and copper mining company with more than 20 years’ experience responsibly operating in the Democratic Republic of the Congo. We excel at minerals exploration, mining and mineral processing, while providing leadership within and beyond the mining sector, and uplifting our local communities.
Formally established in 2001, Chemaf has successfully developed our extensive asset base and implemented ambitious plans for future growth in accordance with the DRC Government's economic goals and the United Nations' Sustainable Development Goals. We have embarked on a growth trajectory that will see Chemaf become a globally significant producer of cobalt and copper.
As both copper and cobalt are metals critical to enabling the energy transition to Net Zero, Chemaf is making a meaningful contribution to global decarbonisation.
Simultaneously, the Company intends to make a transformative contribution to the economic and social development of the DRC by responsibly mining our mineral assets in a manner that creates meaningful value for all stakeholders.
Chemaf operates mechanised mines and state-of-the-art ore processing plants producing cobalt hydroxide and copper cathode in Etoile in Lubumbashi.
In the near future, we will also produce copper and cobalt from Mutoshi in Kolwezi. Our assets in the DRC include:
Chemaf currently creates employment opportunities for over 6,000 people, and always tries to prioritise the recruitment of talent from our local communities first.
Our vision is to lead the global green energy transition by means of responsible mineral extraction and creation of value for all stakeholders involved.
To be the resource development partner of choice by investing locally, developing our people, and improving the livelihoods of our host communities as we sustainably Build Africa.
Investing in innovation, human capital, and due diligence to optimise returns.
Driving an organisational culture that prioritises operational safety and the wellbeing of our people above all.
Continuous world class geological exploration and expert analysis of our concessions to identify mega projects for our long-term future.
Integrating a responsible mindset into all aspects of our operations to achieve commercially sustainable development, building on our 20+ years’ experience of environmental, social and corporate governance excellence
Shiraz began his career by working in spices and timber exporting, based out of Mombasa, Kenya. He subsequently moved to London, UK in 1971 where he opened a wholesale cash and carry business. His next move was to India, from where his pharmaceutical enterprise began exporting generic medicines to what is now the Democratic Republic of Congo.
From a single pilot plant in Lubumbashi in 2001, Chemaf has grown into a full-fledged mineral exploration, mining and processing company with ambitions to become one of the largest copper and cobalt producers in the world.
Completes copper SXEW circuit and cobalt hydroxide upgrade at Usoke plant
Commissions leach plant at Etoile mine site 2017 - Production crosses 500MT of cobalt hydroxide and 2500MT of copper cathodes per month
Etoile reaches nameplate capacity of 20,000MT.
Begins construction of new cobalt/copper plant at Mutoshi
Etoile produces >400MT of cobalt hydroxide and 2000MT of copper cathodes per month
Usoke plant decommissioned, dismantled and sold
Secures $600m funding package to fully fund both the Mutoshi and Etoile Phase 2 projects