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Copper Ore Mining Company Investment Opportunity in Somalia

Dubai and Somaliland based firm seeks investment to expand the copper ore mining business.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 1.3 million
Run Rate Sales USD 1.9 million
EBITDA Margin 40 %
Industries Copper Ore Mining
Locations  Dubai + 1 more
Local Time 5:11 PM Europe / Istanbul
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 11 million for 30.0% stake (Native Currency: GBP 8,000,000)
Reason: To set-up in-house processing plant for copper ore, heavy mining machines, more trucks.
Includes physical assets worth USD 1.4 million
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Business Overview

- 12-year old copper ore mining company with headquarters in Dubai and mining operations in Somaliland, formally north of Somalia.

- We mine copper ore and export it to buyers in China and now we plan to set-up the factory so that can process the ore into concentrate and produce more copper ore.

- We have 7-8 high volume clients from China.

- Have a license for 30 years after which we have to renew it every year until the resources are depleted.

- Every month we mine about 2,000 tons of copper ore and we have around 1,500 tons of ore as inventory.

- Total value of the copper ore available at the facility is approximately GBP 6 billion.

- Promoter is in Turkey on a business trip and will go back to Dubai soon.

Products & Services Overview

Our product is copper ore which we mine about 2,000 tons a month.

Assets Overview

Inventory of copper ore mines, rented building of 3 floors, computers, trucks and tippers.

Facilities Overview

We have two sites of copper ore, with a total area of 224 km sq of land in Somaliland and they are leased for 30 years from the govt and we can renew the license until the resources are depleted.

Recent Activity
  • 1 day, 23 hours ago
    Individual Advisor, Visakhapatnam, Financial Consultant connected with the Business
    5 days, 9 hours ago
    Business sent a proposal to the Investor / Buyer
  • 4 days, 10 hours ago
    Executive Director, New Delhi, Financial Consultant connected with the Business
    4 days, 10 hours ago
    Business sent a proposal to the Investor / Buyer
  • 2 weeks ago
    CEO, Milan, Financial Consultant connected with the Business
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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