Zhejiang Huayou Cobalt #5045

Created at
2018-06-01
Last update
2018-06-01

0 Parents (Involvements as child)

1 Children (Involvements as parent)

ID
40010
Name
La Sino–Congolais des Mines (SICOMINES)
Country of registration/origin
Congo, Dem. Rep.
Classification
Private company
Relationship
Subsidiary company
Parent relation
Joint venture of parent companies
Investment type
Shares/Equity
Ownership share
5.00 %
Comment
As at 2011, some sources state that CREC has the largest share of 33%, followed by Sinohydro (30%), then CMEC, and lastly Zhejiang Huayou Cobalt (5%), which has a fairly small share. As at 2008, Chinese enterprises in the joint venture would hold a 68% stake in the Sicomines consortium, while Gécamines would retain the remaining 32%.