Chrometco Ltd
CMOJ.J – JOHANNESBURG STOCK EXCHANGE
Business Description
Chrometco Limited is a South Africa-based mining and exploration company, which focuses on Chrome mining and processing in South Africa. In addition, the Company focuses on the investigation of other chrome and base metal properties for exploration purposes and on researching and investigating business development opportunities. The Company has prospects in the Limpopo Province of the Republic of South Africa. Its fields of interest include mining, concentrating, and beneficiating various metals and their ores, in particular chrome, platinum, copper, cobalt, nickel, and manganese. It operates the chrome processing plant and manages the logistics process to export product through its subsidiary, Sail Minerals (Pty) Ltd. Black Chrome Mine (Pty) Ltd, the owner of the mining right, is controlled by the Company through 51% interest in Sail Resources (Pty) Ltd, which in turn owns 64% of Black Chrome Mine (Pty) Ltd.
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