the somika group
TRANSCRIPT
State of the Art Industrial Mines and Manufacturing Facilities in the Democratic
Republic of the Congo.
Somika SPRL was registered in December, 2001
2002 Investment Modern laboratory facility for procurement
Grading Equipment
Crushing, Drying and global standards packaging of cobalt and copper concentrates
State of the Art Industrial Mines and Manufacturing Facilities in the Democratic
Republic of the Congo.
Somika SPRL was registered in December, 2001
2003 Investment The Hydro-metallurgy based Cobalt Processing Plant
Initial capacity of 40 MT of ABS Cobalt per month - Scaled up to 100-120 MT.
In January 2009 Now 275 MT ABS Cobalt
275MT Copper Cathode per month with recent expansion
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MMR – Mining and Processing of Tantalum, Tin, and Tungsten
Aurum SPRL – Development of 27 Copper Cobalt Permits
Sotrafer – Steel, Oxygen and Acytelene Production
Solutions 4 Africa – Potable Water through well drilling
Terra SPRL – Agricultural Produce & Agro Based Processing
TechnoConstruct – revolutionizing the way people construct in Africa.
Democratic Republic of Congo, in the
Heart of the African Continent, is
blessed with both Precious Minerals
and an Energetic, Friendly Population.
Currently we are producing over 3,600 MT
per year of absolute cobalt whereas world
demand for cobalt is 60,000 MT per year.
We plan to boost up our volume to 5,000
MT per year.
Somika is also building up facility for
production of copper blister with annual
capacity of 10,000MT. Production is
expected to commence in February, 2012.
Total investment is around $10million.
0 50 100 150 200 250
January
February
March
April
May
June
July
August
September
October
Series 1
YTD Mid-October 2011
1779.56 MT
We are presently producing over 12,500
MT per year of copper whereas world
demand is around 13 million MT. With our
current exploration work, we are sure to
find reserve of more than 1 million MT of
absolute copper which will allow us to put
up a copper plant for 100,000 MT per year
by 2014.
We also believe we will by then have found
reserve of approximately 2 million MT of
absolute copper with our exploration
permits.
0 200 400 600 800
January
February
March
April
May
June
July
August
September
October
Series 1
YTD Mid-October 2011
4869.74 MT
0 50 100 150 200
January
February
March
April
May
June
July
August
September
October
Series 1
YTD Mid-October 2011
863.61 MT
Tin concentrates is under MMR profile and
we produced 2,450MT of metal units in the
form of tin ore. (MTD October 2011)
Tin smelting plant is under construction with
likely investment of approximately $ 6million;
annual capacity being 4,000MT.
During the current year we have commenced
exploration work and some production
through up gradation methods. We plan to
achieve production of 15,000 MT by 2012.
Tantalum concentrates – we produced 134MT
of ore in current year till October 2011.
With our exploration permits, we are
progressing well on these products and will
meet production targets by next year.
Our Group has very interesting Gold
Permits and exploration work will
commence soon and we expect
to begin production in our mines from
year 2012.
For Gold – When production starts Provenance Records to be Compliant with
amendment 1502 to Dodd-Frank Financial Reform Package.
Tantalum Provenance Records in Full Compliance with Electronics Industry
Conservation Coalition (EICC) / Global e-Sustainability Initiative via iTSCi 3rd
party tagging at the mine sites.
Tin Provenance Records in Full Compliance with Electronics Industry
Conservation Coalition (EICC) / Global e-Sustainability Initiative via iTSCi 3rd
party tagging at the mine sites.
The Somika Group is an integral member of the community in which we reside
and as such believes in contributing to them and to support their continued
improvement. As part of our commitment to Society, we encourage and
participate actively for education, water, electricity solutions in the countries
where we have a presence.
We are proud of our environment initiatives-all our services strictly adhere to
stringent quality standards. The Somika Group uses valuable resources such as
energy, water, materials and land more efficiently. We have a responsibility to
be a viable member of society and a good corporate citizen. Our work helps in
creating an enriched society that benefits not only the local community but also
the world and our business as a whole.
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Established/ Registered as Terra SPRL in 2006. Project is conceived from basic
unsatisfied demand for food of the domestic market.
Terra is a “socio-commercial project” as it deals in commerce along with its primary objective to satisfy the basic need of the
population.
The company has acquired 10,000 Hectares of land in the Lubanda and Katofio Region, 97km north-east of
Lubumbashi.
Our vision is to be the largest manufacturer of maize flour within D.R.
Congo while maintaining superior quality, affordable pricing, and to enhance the
quality of life for the Congolese People.
TechnoConstruct, established in 2011, is
revolutionizing the way people construct in
Africa.
Using Light Gauge Steel Technology,
TechnoConstruct is able to construct
structures that are precise, accurate and
faster than conventional structures thereby
lowering the cost of ownership and providing
a solution that is also eco-friendly.