Congolese copper-cobalt operator associated with Mutoshi and Etoile. Semafor reported production halted in July 2026.
Sources support the description and the individual connections below. Publication and checking dates refer to the evidence, not a guarantee of current operations.
Reported means the cited source describes the relationship at its evidence date. Historical relationships refer to an earlier period. Announced agreements may not have been implemented. None of these labels confirms that trade continues today.
The January 2022 announcement identified Chemaf as operator of the Etoile assets receiving processing expansion finance.
The agreements also provide for the marketing by Trafigura of all the cobalt hydroxide produced from these assets operated by Chemaf,
Chemaf was identified as the operator developing the mechanised Mutoshi mine in the January 2022 announcement.
The agreements also provide for the marketing by Trafigura of all the cobalt hydroxide produced from these assets operated by Chemaf,
In 2018, Trafigura signed a three-year cobalt hydroxide marketing agreement with mining company, Chemaf.
Chemaf retains the Etoile operation; the plant was reported shut in July 2026. OPERATES identifies responsibility, not active production.
Etoile is one of the largest open-cast copper-cobalt mining operations in the DRC.
VLMH has completed the acquisition 100% equity stake of the CHEMAF Group Limited
The miner remains out of production, with Etoile, its main operating plant near Lubumbashi, still shut
Kamoto Copper Co., a joint venture between Katanga Mining Ltd. (a subsidiary of Glencore plc.) and Gécamines
A three-year cobalt hydroxide marketing agreement was signed in 2018; this is a historical contract record.
In 2018, Trafigura signed a three-year cobalt hydroxide marketing agreement with mining company, Chemaf.
The 2022 financing announcement assigned Trafigura marketing of cobalt hydroxide from Mutoshi and Etoile, expected through end 2027. It does not verify current execution or shipments.
The agreements also provide for the marketing by Trafigura of all the cobalt hydroxide produced from these assets operated by Chemaf,
Lloyds reported VLMH acquired all Chemaf Group shares, including control of Chemaf SA. This records indirect group control.
VLMH has completed the acquisition 100% equity stake of the CHEMAF Group Limited