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Critical Metals commences road rehabilitation work at Molulu

09:11, 29th April 2024
Alastair Ford
Vox Newswire
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Critical Metals PLC (CRTM)Follow | CRTM has commenced groundworks for the rehabilitation of a 17 mile/28 kilometre public road leading to the flagship Molulu project, an ex-producing copper cobalt mine in the Democratic Republic of Congo.

The company has also appointed a DRC-based contractor, DRC GREEN, to update the company's Environmental Impact Study and Environmental Management Plan at Molulu as part of its ESG commitments. 

The contractor has arrived at the Molulu project and has begun collecting information for updating the reports.

The planned road upgrades will ensure project infrastructure is able to support increased traffic and to manage the effect of the rainy season as the Company focusses on recommencing production at Molulu and resuming sales of stockpiled copper ore. 

The improved infrastructure will also benefit the surrounding community as part of the company's ongoing ESG commitments. 

Critical Metals has been advised by the road contractor that the works may take between 60 and 90 days.  

 

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Critical Metals Plc was formed to identify and acquire brownfield mining opportunities in the strategic metals sector, as defined by the United States and European Union. The acquisition of Molulu was a strong first step in this direction, and now that the copper price is once again on the rise, the company looks to be strongly positioned, given the near-term production potential. 

Molulu is an ex-producing medium scale copper-cobalt asset in the Democratic Republic of Congo’s Katangan Copperbelt, adjacent to producing mines.

 

 

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