Critical Metals plc (LSE:CRTM) has started its 2026 field programme at the Molulu copper and cobalt project in the Democratic Republic of Congo following board approval and the securing of funding.
The company said personnel and equipment have been mobilised to the project, with initial site preparation under way as operations begin during an early October field window.
The programme will include surveying, geological mapping, trenching and sampling, supported by quality assurance and quality control procedures.
Critical Metals said the work is intended to assess whether the initial target area could support scout mining. Findings from the programme will be used to determine the next operational steps at Molulu and provide further information on the project’s mineralised zones and potential for near-term production.
Molulu Project
Critical Metals holds a 70% interest in the Molulu copper and cobalt project alongside local partners.
The project is located in the Katangan Copperbelt in the Democratic Republic of Congo and is a historically producing mine.
Critical Metals is a London-listed mining company focused on acquiring and developing brownfield assets in the critical and strategic metals sector.
The company is majority owned by NIU Invest SE, which is seeking to develop an integrated mining portfolio spanning North America, Latin America, Africa and Europe.
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