Critical Metal’s has a controlling 100% stake in Madini Occidental Limited, which holds an indirect 70% interest in the Molulu copper/cobalt project, a medium-scale asset in the Katangan Copperbelt.

The project is located in the Democratic Republic of Congo, approximately 100 kilometres from Lubumbashi, accessible from Lubumbashi City, in the Katanga territory, 30 kilometres northwest from the village of Malambwe. Copper has been mined in the Katangan Copperbelt, in which Molulu Project is located, since at the least the late 19th century. The mineralised zones are at the western end of the Katangan Copperbelt, one of the great metallogenic provinces of the world, and contains some of the world’s richest copper, cobalt, and uranium deposits.

The Molulu Project has been under-developed due to a lack of investment and has much of the infrastructure in place, with proximity to copper smelters in Lubumbashi and Likasi, we have clear processing and/or selling channels for copper and cobalt production. In January 2023, it was announced that production had commenced at Molulu .