Deal #1160

Location #1

Spatial accuracy level
Administrative region
Location
Mengo, Congo

Target country
Congo, Rep.
Comment on location
The area covered by the Mengo Mining Permit is located about 15 km northeast of the Atlantic port city of Pointe-Noire, Republic of Congo (ROC).

Land area

Intended size (in ha)
13600
Size under contract (leased or purchased area, in ha)
[2008] 13600

Intention of investment

Intention of investment
Mining
Comment on intention of investment
Potash mine- salts that contain potassium in water-soluble form.

Nature of the deal

Nature of the deal
Exploitation permit / license / concession (for mineral resources)

Negotiation status

Negotiation status
[2008] Concluded (Contract signed)
Comment on negotiation status
Lease can be extended

Implementation status

Implementation status
Startup phase (no production)

Contract farming

Contract farming
No

Contract #1

Duration of the agreement (in years)
25

Operating company

Name of investment project
Mengo Potash Project

 

Network of parent companies and tertiary investors/lenders. Please right-click the nodes to get more details.

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Data source #1

Data source type
Research Paper / Policy Report
File
Date
2010-01-01
Comment on data source
"German investment funds involved in land grabbing", by Profundo, 2010.

Data source #2

Data source type
Company sources
File

Data source #3

Data source type
Media report
File
Date
2011-04-20
Comment on data source
Financial Post- MagIndustries taken over by China’s Evergreen

Data source #4

Data source type
Media report
File
Date
2013-03-18
Comment on data source
URL no longer working. http://www.reuters.com/article/2013/03/18/idUSnCCN2TtMa+ea+MKW20130318

Detailed crop, animal and mineral information

Resources area
Salt

Use of produce

Has export
Yes
Export
100
Country 1
South Africa
Comment on use of produce
South American, South African and European markets.

In country processing of produce

In country processing of produce
Yes
Comment on in country processing of produce
Potash mining and production plant

Overall comment

Overall comment
Area overlaps with that of case #3403, forestry concession owned by same investor

Feb. 3, 2017, 8:45 a.m.

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Nov. 21, 2016, 12:26 p.m.

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Sept. 9, 2016, 8:41 p.m.

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Sept. 9, 2016, 1:35 p.m.

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Sept. 8, 2016, 7:40 p.m.

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March 17, 2016, 5:08 p.m.

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June 4, 2013, 3:48 p.m.

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June 4, 2013, 3:46 p.m.

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April 22, 2013, 12:34 p.m.

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March 16, 2013, 9:29 a.m.

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Feb. 15, 2013, 5:01 p.m.

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