A more detailed article of what’s happening in DRC while we sit and wait for things to get sorted in our favour :
Deux caucus des députés du Tanganyika et du Haut-Lomami ont échangé avec la ministre d’Etat, ministre du Portefeuille, Adèle Kanyinda hier lundi 07 novembre dans la salle de réunions du…
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Adèle Kayinda satisfies her interlocutors on the lithium file in Greater Katanga
Two caucuses of deputies from Tanganyika and Haut-Lomami exchanged with the Minister of State, Minister of the Portfolio,
Adèle Kanyinda yesterday Monday, November 07 in the meeting room of the said ministry. On the menu of these interviews is the file of both the lithium operation and the factory to manufacture the batteries using this ore. The boss of the Portfolio was all eyes, ears to respond to the concerns of the elected officials of Greater Katanga. Who returned very satisfied at the end of this meeting, according to Emmanuel Nyembo Kahumba, spokesman for the deputies.
For the president of the Grand caucus of all four provinces, the populations of the Tanganyika and Haut-Lomami provinces want to see clearly on the issue of lithium ore whose exploitation will lead to the manufacture of batteries that will be used for electric cars.
Lithium is found in the territories of Moba, Manono, Nyunzu, Kongolo, Mitwaba, Malemba and Bukama, the head of the delegation of these four Caucuses listed.
"
In Manono and Malemba, there is already an on-site farm. If we rose as one person, it was because our populations spoke, reacted to what the Minister of Industry told the opinion that the government laid the first stone in the Sakania territory for the lithium extraction industry, "said the president of the Grand Caucus of all four provinces.
The populations of these two provinces reacted by hoping that the production chain be established in northern Katanga, believing that southern Katanga has been sufficiently industrialized.
AVZ COMPANY
In addition, representatives of the populations of Greater Katanga mentioned the presence of the AVZ company, which has already completed its feasibility study and that it is in the process of transforming its research permit into an operating permit and that it would even be in possession of its operating permit.
In addition, the national deputies from Greater Katangala also told Minister Adèle that the Ministry of Mines service received a letter of opposition from the Cominière company not to transform the expolitation permit because the Cominière, who is the representative of the State in this part, found that the AVZ company included the Mpianamuanga dam. Also, in the session, the deputies asked her to remove this dam that does not belong to her.
The Caucus of the deputies of Tanganyika and Haut-Lomami wondered why the government rushed to lay the foundation stone of the battery manufacturing plant.
As for this dam, the elected officials of Greater Katanga have noted, its current pitiful state requires several years to rehabilitate it.
THE COMINARY FOUND IN A PITIOUS STATE
In her response, the Minister of State, Minister of the Portfolio, who followed very carefully the concerns of the populations of these two provinces through the voice of their representatives, was very concrete, responding point by point to their concerns. She said she found, on her arrival at this ministry, a Cominière company in a deplorable state. So he had to start by organizing it. And today, she has signed several partnership contracts with several companies.
As for the AVZ, the boss of state companies has painted a dark picture of it. It is a society created in confusion and confusion maintained purposely, according to Adèle Kayinda. She did not mince words to show her interlocutors her nebulous character, sometimes calling herself AVZ Mineral, sometimes AVZ International. What is the action that AVZ has already carried out in Manono? Does she even have a spade? She wondered, believing that she does not know how to go to a fuzzy partner. A company that has no background in mining. Because of the presence of this company, the Cominière is deprived of its rights that the boss of state companies has committed to return to it.
AVS INTERNATIONAL IN PROCESS AGAINST DATHOMIR SARLU
And according to a press release from the Ministry of the Portfolio, AVZ International PTV LTD had legal disputes with Dathomir Sarlu. At the heart of this dispute, two share sales contracts reached in June 2019 and August 2020 AVZ International acquired 15% of Dathcom Mining shares held by Dathomir Mining Resources Sarlu at a price of $21 million. But, towards the end of the year 202, a stock market announcement by AVZ revealed an agreement to sell its own 24% shares in Dathcom Mining SA to Cath Energy at a price of $240 million.
Faced with this strong disproportion between the two prices, Dathomir asked, by his letter of December 31, 2020, to evaluate his 15% of shares in order to protect himself from possible risks of injury and even major tax adjustments. However, AVZ's refusal led to the termination of contracts on May 14, 2021.
But with the help of fraud, the CEO of Dathcom obtained from the main clerk of the Single Business Creation Desk, Lubumbashi branch, a certificate of shares and a register of partners of Dathcom Mining SA dated August 31 and September 1, 2021, according to which AVZ International became the holder of 75% of Dathcom Mining shares, i.e. the 15% of Dathom
A VERY COMMITTED PLEA
Quoted by Dathomir Mining Resources SARLU before the TGI/Lubumbashi, the CEO of Dathcom Mining SA, the Chief Registrar of the Single Business Creation Desk and the civilly responsible Dathcom Mining were sentenced respectively to 3 years of main criminal servitude firm, 1 year of suspended SPP and $50 million as DI.
For the Ministry of Portfolio, representing the interests of the State, the share capital of Dathcom Mining is distributed as follows: AVZ International 60% instead of 75%; Dathomir Mining Resource SARLU: 15% and Cominière: 25 of which 15% sold to Zijing and 5% MMCS.
Adèle Kayinda reassured her interlocutors that her ministry has taken the decision to take over and work with them to support the Cominière. She felt a very committed plea among her interlocutors in favor of those they represent, that is, the populations.
Regarding the issue of laying the first stone in Sakania; she promised to consult with her colleagues in Industry and Mines.
It should be noted that this meeting of deputies from Greater Katanga comes after the meeting with the Minister of Industry.
Kléber KUNGU
that was as dirty as it can be, but few if any here were as personally invested in the outcome. Most of the moves made in political and power struggles are internal and would not be seen or recognised by anyone from the outside… but they are happening. The only level we see and judge is the public mud slinging and that usually comes off in the wash.
