Coltan and Rare Earth Metals Deposit in Venezuela
Description
Investment is being proposed for the extraction of coltan and other rare earth metals at a deposit in Venezuela. The project has been approved by the Ministry of People's Power for the Development of Environmentally Friendly Mining of the Bolivarian Republic of Venezuela. The investment participation format is Purchase of a stake in a company holding the right to mine a concession area.
Deposit characteristics:
- This project is located in the state of Bolivar, in the southwestern part of the country (near the Orinoco River).
- The company holds the right to explore and mine minerals on a concession area of 7,651 hectares.
Geological surveys confirm the presence of the following minerals on the site, in quantities suitable for industrial production:
- coltan (columbite-tantalite, a valuable ore of niobium and tantalum)
- cassiterite
- zircon
- ilmenite
- gold
Detailed information from the report Geological exploration work is provided upon signing an NDA.
Financial parameters of the offer:
- a 70% stake in the company is offered for $4.4 million;
- the investor may also purchase a larger stake at a price to be determined during negotiations;
- national law requires a local co-owner in companies engaged in such activities, so not 100% of the company is for sale.
The information in the catalog is not an exact offer. The parameters of the deal are specified during negotiations with the seller.
344,204,960 ₽
REAB Services
Search for a business buyer
Initial business valuation
Business analysis and audit (Due Diligence)
Business pre-sale preparation
International support of negotiation and deal
New artıcles
News
Useful tip
You can view prices for objects in the catalog and its basic business indicators in two currencies. The first one is the original currency set by the seller. The second one you can choose yourself. It's calculated by the rate of the Central Bank of the Russian Federation.
466,216,200 ₽
427,364,850 ₽
