The operating activity is focused in the Balcan regions, with its center of interests in Albania.
The group is composed by a number of local companies, with local and international shareholders, operating in different industry sectors. Referring to the sole mining activity, the group is active in the following fields:
1. Exploitation of Fe-Ni and Fe-Cr mines
2. Transformation of Fe-Cr with a chromium enrichment plant owned by
3. Transportation of the mineral
THE GROUP – OUR COMPANIES IN THE MINING BUSINESS
AG Contractor: fully licensed general contractor on real estate projects, infrastructure projects and mining exploitation; it owns all the machineries of the group (dumpers, trucks, excavators, crawler loaders, drilling machines, etc)
Alb Euro Nickel & Chrome: one of our mining companies; it owns some of our mining concessions
Compass Mineral AL: one of our mining companies; it owns some of our mining concessions
Compass General Industries: one of our mining companies; it owns some of our mining concessions
THE GROUP – OUR COMPANIES IN THE MINING BUSINESS
Joal-06: one of our mining companies; it owns some of our mining concessions
Compass Transport.Co: fully licensed transport company; it owns all the tractor units and trailers we use for transporting the mineral.
OUR PRODUCT SPECIFICATIONS
IRON-NICKEL: the mineral exploited is sold without carrying out any mineral enrichment treatment yet.
IRON-CHROME: the Group owns an enrichment plant, allowing to sell on the market only concentrated product with a percentage over 48% and up to 58%.
OUR OFFER:
Iron Nickel: The Group has now an immediate residual production capacity up to 50.000 MT per month, that can be easily increased by reinforcing the “extraction machineries”, as well as the operations. The mining spots already owned by the Group have capacity for matching any kind of request. Further information can be provided on request.
OUR PRODUCT SPECIFICATIONS
Product composition
Fe: Depending on the extracting site can go from 26% up to 35% in the Open Pit concessions, whilst can go up to 50% in the Underground concessions.
Today we have both type of mines but we have only activated the Open Pit concessions.
Ni: from 0,8% up to 1,8%
Product composition
In addition to Fe and Ni ore, the other main elements in the mineral composition are:
Co: 0,07% (this is a very stable percentage)
Cr: from 2,1% up to 3,1%
CaO: from 2% up to 6,5%
MgO: from 1,5% up to 3%
Al2O3: from 7% up to 15% (in general, the percentage varies in case the product is extracted from different sites)
SiO2: from 15% up to 16%. It is possible to find some extracting spots with higher concentration going up to 30%
P2O5: from 0,07% up to 0,1%
OUR PRODUCT SPECIFICATIONS
OUR PRODUCT SPECIFICATIONS
OUR PRODUCT SPECIFICATIONS
OUR PRODUCT SPECIFICATIONS
OUR MINES AND OPERATION
OUR MINES AND OPERATION
OUR MINES AND OPERATION
OUR MINES AND OPERATION
OUR MINES AND OPERATION
OUR MINES AND OPERATION
OUR MINES AND OPERATION
OUR MINES AND OPERATION
OUR MINES AND OPERATION
Chrome Enrichment Factory
OUR MINES AND OPERATION
DISCLAIMER
This document has been prepared by Compass General Industries Ltd (“COMPASS”). The information and opinions contained in this document have been compiled or arrived at by COMPASS from sources which have not been independently verified. COMPASS gives no warranty and makes no representation as to the accuracy, completeness or correctness of the contents of this document. To the extent that the opinions and estimates contained in this document constitute the judgments of COMPASS these are made as at the date of this document and are subject to change without notice. The information in this document is supplied on the condition that COMPASS, and any partner or employee of COMPASS are not liable for any error or inaccuracy contained herein, whether negligently caused or otherwise, and accept no responsibility for any loss or damage suffered by the recipient of this document or anyone else due to such an error or inaccuracy or any omission from this document as a result of such supply. The contents of this document should be regarded by the recipient as being insufficient to form the basis of an investment decision, for which further investigation, analysis and consideration would be required. Therefore this document should not be relied on for such a decision; anybody making a commercial or investment decision based on this document, does so entirely on their own responsibility and at their own risk. This document and its contents are strictly private and confidential and may not be provided or otherwise communicated to anyone other than those persons to whom it has specifically and knowingly been communicated by COMPASS and may not be considered as containing investment advice other than by express written agreement with COMPASS.