40-655: 10°45′26″S 26°18′28″E / 10.757288°S 26.307642°E / -10.757288; 26.307642 The Luita plant will be the largest copper and cobalt processing plant in Africa, and the largest cobalt facility in the world. It is being built in modules by the Central African Mining and Exploration Company (CAMEC) in Katanga Province , Democratic Republic of the Congo. The Luita plant
80-644: A United Nations panel in 2001, was that Rautenbach had been appointed to Gécamines to help channel mining profits from the DRC to the ZANU-PF regime, in exchange for Zimbabwean military support for Kabila's forces in the Second Congo War . He was reportedly an associate of ZANU-PF government minister Emmerson Mnangagwa , who became president in 2018. In 1999, Rautenbach denied the allegations, saying that he had never met Robert Mugabe . In 2008, Camec
120-524: A 32.7% equity stake to Gertler's companies. The venture aimed to extract cobalt from Mukondo, to reopen Kakanda concentrator and to control the copper cobalt SX/EW facility at Luita . In February 2008 the two companies announced that the Mukondo Mountain operations had restarted. In July 2008 CAMEC said the Luita facility, due to be completed later that year, would be the largest of its kind in
160-621: A 50% stake in Hyundai 's operations in South Africa and Botswana, and owning the Volvo heavy vehicle franchise in thirteen African countries. He also had business interests in construction, land, and mining. Rautenbach's flight from fraud and corruption charges in South Africa in late 1999 ( see below ) coincided with the financial collapse of several of his southern African business interests. By February 2000, several companies in
200-666: A 6 to 7 million Rand had been spent to upgrade the Three Aloes mine . CAMEC listed on the London Stock Exchange's Alternative Investment Market in October 2002. It pursued an aggressive and successful program of acquiring and developing projects, finding little difficulty in gaining funding based on its strong track record. The company developed operations or undertook exploration in Mali (bauxite), Mozambique (coal),
240-480: A plea bargain, agreed to pay a fine of R40 million in exchange for the withdrawal of the charges against him, having continued to deny personal liability. Rautenbach launched a legal challenge against the validity of the 1999 raids, and of the evidence seized in the process, with the Constitutional Court ultimately ruling against him. In court papers, the state claimed that Rautenbach was linked to
280-659: A property in Mali with an inferred resource of 439 million tons. In July 2009 CAMEC said it was conducting a feasibility study at the Bokai platinum prospect in Zimbabwe, due to be completed by September. It expected to start production in 2012. In September 2009 the Eurasian Natural Resources Corporation (ENRC) of Kazakhstan made a £584-million cash offer for CAMEC. The chairperson Phillippe Edmonds and CEO Andrew Groves both resigned when
320-658: Is designed to process copper and cobalt concentrate from Mukondo Mountain , which may be the richest cobalt reserve in the world. In July 2008 CAMEC said the resource estimate at Mukondo was 70 million tons of ore containing 1.5 million tons of copper and 500,000 tonnes of cobalt. The cobalt grade averages 1.2%, an exceptionally high concentration. The ore is concentrated at the Dense Media Separation (DMS) plant at Kakanda before being trucked 17 kilometres (11 mi) to Luita. In February 2008 CAMEC and their partner, Dan Gertler 's Prairie International, announced that
360-758: The Eurasian Natural Resources Corporation . Yet by 2007, Rautenbach was again an unpopular figure among some DRC politicians. Camec had been building a stake in Katanga Mining , but faced government opposition at least partly due to the involvement of Rautenbach, who at the time was wanted for fraud by the South African authorities. In July 2007, Rautenbach was detained in Katanga and deported to Zimbabwe. Moise Katumbi , governor of Katanga, said, "Even if we have as yet no extradition facilities in place, we will not continue to allow such people to operate in
400-568: The National Prosecuting Authority (NPA). He faced charges for crimes he had allegedly committed while at Hyundai, including numerous counts of fraud and theft. In March 2007, South African authorities filed for his extradition from Zimbabwe. On 18 September 2009, Rautenbach handed himself over to the NPA. Charged with 326 counts of fraud, he pleaded guilty on behalf of one of his companies, SA Botswana Hauliers, and, in
440-523: The Canadian copper company Katanga Mining in exchange for shares in the combined company. At the time of the offer, CAMEC already owned 22% of Katanga. However, the deal encountered difficulties as Billy Rautenbach was arrested and deported to Zimbabwe. The DRC deputy mines minister, Victor Kasongo, stated that way the C19 license had been obtained was fraudulent. CAMEC strongly disputed this, and stated
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#1732797929372480-573: The DRC (copper and cobalt), South Africa (fluorspar) and Zimbabwe. Initially, the Zimbabwean businessman Billy Rautenbach controlled Boss Mining Sprl , which owned 50% of the Mukondo resource. The provenance of Rautenbach's claims to Mukondo were the subject of considerable controversy, as he was appointed head of the Congolese state-owned Gécamines at the same time Zimbabwe was supporting
520-541: The DRC with impunity." In November 1999, after investigating Rautenbach for about two years, South African law enforcement conducted a raid on Rautenbach's Johannesburg home and private aircraft, as well as the Johannesburg offices of Wheels of Africa. Following the raid, and amid financial strain in his South African business interests, Rautenbach fled South Africa. On 19 September 2000, Rautenbach's South African assets, worth at least R40 million, were seized by
560-584: The Mugabe regime's "cronies" and claiming that he had provided Mugabe with support which had enabled the latter to pursue anti-democratic policies. The sanctions remained in place until April 2014. Rautenbach was also subject to targeted European Union sanctions, from January 2009 until February 2012, for his alleged association with the ZANU-PF regime. The 2022 Data Leaks at Credit Suisse appeared to confirm earlier allegations that Rautenbach had supported
600-418: The Mugabe regime's campaign during the 2008 Zimbabwean elections. Credit Suisse opened two accounts for Rautenbach weeks before a mining deal that funneled $ 100 million to Mugabe’s government, reportedly used to incite violence that helped Mugabe win the election. Rautenbach was able to sell his shares from the deal for a huge profit, but the mine was left undeveloped for over a decade. In 2014, Temba Mliswa,
640-682: The Mukondo Mountain operations had restarted. In July 2008 CAMEC said the Luita facility, due to be completed later that year, would be the largest of its kind in the world. The target was to produce 100,000 tonnes per year of copper cathode. By the end of March, 2008, CAMEC had invested $ 200 million in Luita, and had three SX/EW copper cathode trains in operation, and a small cobalt concentrator. Eventually there were plans for nine copper cathode trains and one cobalt train, each 18 metres (59 ft) wide and 180 metres (590 ft) in length. The under-roof plant will be 50,000 cubic metres (1,800,000 cu ft) in size. When running at full production,
680-516: The Mukondo project. In November 2007 CAMEC and Prairie International, the owner of Tremalt , decided to combine their Mukondo assets into a new holding company operated as a joint venture. Billy Rautenbach would be excluded from ownership in the new company due to the hostile relations that had developed between him and the DRC government. The new ownership structure consisted of the assets owned 70% by CAMEC, and 30% by Gecamines , with CAMEC issuing
720-669: The Nuanetsi Ranch board over land on Nuanetsi Ranch on the Mwenezi River , to which Rautenbach first gained access in 2009. As reported by amaBhungane in the Daily Maverick , Rautenbach was named in the 2021 Pandora Papers leak. The leak provided evidence of a complex offshore family trust fund, begun in 2013 when Rautenbach, while still under American sanctions, donated multimillion-dollar investments in his coal and ethanol businesses to his wife. The fund
760-570: The Wheels of Africa group had been liquidated, leaving significant debts in southern Africa. Rautenbach did not return to South Africa until 2009, when he reached a R40 million plea agreement with prosecutors. In the late 1990s, Rautenbach became involved in mining ventures in the Democratic Republic of Congo (DRC). In 1998, following Mbaka Kawaya Swana Ambroise , DRC President Laurent-Désiré Kabila appointed him chief executive of
800-551: The Zimbabwean government. According to amaBhungane , local activists claim that Green Fuel has encroached on communal land in Chipinge, displacing thousands of families, without sufficient compensation. They also claim that the firm has polluted the water, bulldozed maize fields to build a road, and failed to honour its promises to pay sugarcane growers $ 4 a tonne. Chipinge residents, supported by non-profit Zimbabwe Lawyers for Human Rights , are challenging Green Fuel's claim to
840-700: The biggest in the country, in Chisumbanje, under which it provided drip irrigation equipment and plots to villagers. The company has also denied claims that the plant's effluent is a pollutant. Cde Basil Nyabadza of the Arda board said in 2015 that the project was justified on the grounds that it would reduce Zimbabwe's import bill. Indeed, according to Bloomberg , the project reduces Zimbabwe's spending on fuel imports by about one-tenth, or $ 40 million, per year. Voice of America reported in 2011 that it had created 4,500 jobs, "more jobs... than any other [project] in
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#1732797929372880-494: The business world began when he moved to Johannesburg, South Africa. Rautenbach's first venture was the expansion of his father's transport company, named 'Wheels of Africa'. The company became a significant player in southern Africa, with the Financial Mail estimating that it controlled 75% of the Zimbabwean haulage market in 1999. Wheels of Africa also expanded into car assembly and distribution, Rautenbach held
920-499: The deal was closed in November 2009. Billy Rautenbach Muller Conrad ' Billy ' Rautenbach is a Zimbabwean businessman, whose ventures include companies that are involved in transport, cobalt, platinum mining , and biofuel production, primarily in Africa. The 2022 Data Leaks at Credit Suisse appears to confirm allegations, for which he had faced American and European sanctions in earlier years that Rautenbach used
960-572: The embattled DRC government. In a February 2006 deal, Rautenbach gained about 17% of the CAMEC shares when CAMEC bought an 80% share in Boss. Around this time, the recently re-elected Congolese administration had announced a review of all existing mining contracts, due to widespread concerns about irregularities of mineral concessions made by officials during and in the aftermath of the Second Congo War . In July 2007, CAMEC said it planned to acquire of
1000-598: The land in the courts. A 2015 report by the Zimbabwean Parliament 's Portfolio Committee on Youth, Indigenisation and Economic Empowerment echoed many of these accusations, and concluded that the project was against the country's indigenisation laws. It also learned from the Environmental Management Agency that Green Fuel had not conducted a full environmental impact assessment study, as required by legislation, before initiating
1040-576: The last 20 years"; by 2021, it employed about 3,000 people. In July 2021, several Zimbabwean newspapers reported that Green Fuel security guards had razed crops and destroyed houses in Chinyamukwakwa, Chipinge , affecting thousands of villagers, in order to facilitate Green Fuel's expansion in the area. According to the headman of the village, thousands of displaced residents of Chipinge were resettling in neighbouring Mozambique. Rautenbach and Green Fuel have also been involved in disputes with
1080-611: The move was designed to destabilize its bid for Katanga. CAMEC withdrew the offer in September 2007, citing uncertainty due to a review of mining licenses being conducted by the DRC government. Despite statements from DRC attorney general Tshimanga Mukeba that certain CAMEC mining rights were annulled, in October 2007 CAMEC continued to argue that they remained valid. In June 2007, Dan Gertler purchased Prairie International , which owned 100% of Tremalt , which owned 80% of Kababankola Mining Company Sprl which owned other 50% stake in
1120-541: The murder of Yong Koo Kwon of Daewoo Motors , who had been shot dead in his car in Johannesburg in February 1999. Rautenbach emphatically denied any involvement in the murder, and described the allegations as a "witch-hunt." No charges were ever laid against Rautenbach, and three other men were charged with the murder in 2006. Two months after striking the 2009 plea bargain with the NPA, Rautenberg testified for
1160-452: The plant was planned to produce 12,000 tons per year of cobalt cathode at 99.9% purity, about one third of total global production of cobalt in 2008. However, in July 2009 CAMEC announced a long term agreement under which CAMEC would deliver its entire annual production of cobalt in concentrate from Mukondo Mountain to Zhejiang Galico Cobalt & Nickel Materials of China. At that time production
1200-472: The proceeds from a mining deal to support the ZANU-PF regime of dictator Robert Mugabe , during the latter's repressive 2008 election campaign in Zimbabwe. From 1999 to 2009, Rautenbach was a fugitive from fraud and corruption charges in South Africa . Rautenbach was born in 1959 in then Salisbury, Rhodesia . He inherited a Rhodesia-based trucking company from his father, Wessels, and his rise in
1240-412: The project. Green Fuel has denied the accusations, saying that, through its corporate social responsibility programme, Vimbo, it has spent millions of dollars on developing the neighbouring villages, and provided irrigation, electricity, and stock feed to villagers. It has committed to develop as irrigation schemes 10% of all land put under sugar cane, and, in 2021, it unveiled one such scheme, among
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1280-558: The prosecution in the corruption trial of Jackie Selebi , National Commissioner of the South African Police Service . Selebi was accused of accepting bribes from Rautenbach and two other businessmen. During the trial, convicted drug smuggler Glen Agliotti testified that Selebi had been asked to intervene in NPA and South African Revenue Service investigations into Rautenbach, to cancel Rautenbach's arrest warrant, and to provide information about whether Rautenbach
1320-637: The provincial chairperson for Zanu-PF in Mashonaland West and a Member of the Zimbabwean Parliament , accused Rautenbach of bribing Arda board chairperson Basil Nyabadza, claiming that he had bought Nyabadza a house in exchange for preferential treatment. Nyabadza denied the allegations, and Rautenbach called Mliswa – who at the time was demanding millions of dollars he claimed Rautenbach owed him for investment consulting services – an "extortionist." In 2019, Mliswa made various further accusations about Rautenbach's ventures in Zimbabwe and connections to
1360-467: The rights to half of the Mukondo mine and to two other mining concessions in the Katanga province of the DRC. In February 2006, he became a major shareholder in the Central African Mining and Exploration Company (Camec), receiving a 17% share when it acquired those mining rights. He owned 8% of Camec shares as of July 2007, and reportedly made an estimated $ 50 million from the 2009 sale of Camec to
1400-477: The state-owned mining company, Gécamines . Before his appointment, Wheels of Africa had held transport contracts with Gécamines, and Rautenbach's company, Ridgepointe Overseas Development Limited, had successfully managed at least three of its copper and cobalt mines, increasing their revenue. He was removed as Gécamines chief executive – apparently acrimoniously – in 2000, and his Congolese assets were seized. Rautenbach controlled Boss Mining Ltd, which held
1440-593: The world. The target was to produce 100,000 tonnes per year of copper cathode. In July 2009 CAMEC announced a long-term agreement under which CAMEC would deliver its entire annual production of cobalt in concentrate from Mukondo Mountain to Zhejiang Galico Cobalt & Nickel Materials of China. CAMEC had a stake in the Copper Resources Corporation but it was "disenfranchised", giving Metorex of South Africa an effective economic interest of 99.99%. In May 2009 CAMEC said it had found bauxite on
1480-468: Was involved in a controversial deal, in which, through the purchase of another company, it provided a $ 100 million payment, referred to as a loan in exchange for the acquisition of Zimbabwean platinum assets, previously owned by Anglo American Platinum , which the Zimbabwean government had taken control of. The payment was financed with capital raised primarily from the American hedge fund Och-Ziff , and
1520-532: Was reportedly used by ZANU-PF to fund its repressive 2008 election campaign. Shortly afterwards, in October 2008, the American embassy in Zimbabwe investigated Rautenbach for his involvement in off-the-book sales of vehicles to the Zimbabwean government. In November 2008, the United States Treasury Department designated Rautenbach and a company he controlled, Ridgepointe Overseas Development Ltd – for sanctions, calling him one of
1560-444: Was running at between 6,000 and 8,000 tons per year of cobalt in concentrate. Central African Mining and Exploration Company The Central African Mining and Exploration Company plc (CAMEC) was a mining company active in the Katanga Province of the Democratic Republic of the Congo (DRC) and in other parts of Africa. It was acquired by Eurasian Natural Resources Corporation in 2009. In September 2002 Andrew Groves reported
1600-553: Was wanted by Interpol , of which Selebi was president. Agliotti said, and Rautenbach confirmed, that Rautenbach paid $ 100 000 to Agliotti, who channelled $ 30 000 to Selebi. Critics alleged that Rautenbach had been appointed to Gécamines, the Congolese state-owned mining company, at the request of the Zimbabwean ruling party, ZANU-PF – indeed, in 1999 the Guardian called the existence of such an arrangement "a widespread assumption in diplomatic circles." The allegation, as made by
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