Brazilian company expands operations on the African continent with a strategic project in the Lumbubashi Province and strengthens its presence in the global precious metals market.
Brazilian mining company Lion Minerals has begun negotiations with authorities in the Lumbubashi Province, in the Democratic Republic of the Congo (DRC), to evaluate the installation of a state-of-the-art gold refinery. The project, which could be implemented on the premises of the Lumbubashi International Airport, represents a new milestone in the company’s international expansion strategy.
The invitation came from Mr. William Gamaliel, a local leader linked to the region’s economic development sector, with the aim of attracting foreign investment and promoting the industrialization of the gold chain in the African country. In addition to the refinery, the negotiations include the creation of a smelting plant, which would significantly increase the local mineral processing capacity.
The plan signals a strategic move by Lion Minerals, which seeks to consolidate its presence in Africa and expand its presence in the international precious metals market. The choice of Congo is not random: the country has one of the largest mineral reserves in the world, but still faces structural challenges in transforming this potential into sustainable economic development.
For experts, initiatives like this can contribute to the DRC’s more qualified insertion into global value chains, as long as they are accompanied by commitments to responsible practices, transparency and inclusion of local communities. According to sources close to the negotiations, Lion Minerals’ proposal foresees technical cooperation with local stakeholders, workforce training and compliance with international standards of environmental and social sustainability.
The project is still in the technical studies and institutional articulations phase, but it is already seen as a possible watershed for the mining sector in the central region of the African continent.