The company operates a cobalt project located in southwest Uganda and recovers cobalt from a pyrite stockpile at a former copper mine. The company involves in metal refining operations, bioleaching of pyrite concentrate, solvent extraction of the dissolved cobalt and recovery through electro-winning. The project located approximately 420 kilometers west of Kampala, includes the Mubuku III hydroelectric power station that has a maximum deliverable capacity of about 9.9 megawatts. While the cobalt refinery was on care and maintenance status prior to recommencing operations in early 2004, electricity generated at Mubuku was sold to the state-owned grid of the Ugandan Electrical Transmission Company Limited.
Executive Information
Name
Title
Email
Michael Smith
Dir., CEO, Pres., Principal Financial Officer, Sec.
