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Mealtop shareholder of Kosdaq listed Melfas signed with DR Congo to supply Cobalt & Copper, valued
at US$1.52B over 3yrs.

Mealtop, largest shareholder of Korea Kosdaq listed Melfas, signed a contract worth US$945M in cobalt and US$575M in copper over three years with DR Congo.

This contract between UBC & Mealtop is the fruit of effort to establish a network of new businesses that have been pursued in major overseas countries such as DR Congo, Italy & Middle East since 2019.”— Representative Chairman Keun-Young KimKOLWEZI, LUALABA, DEMOCRATIC REPUBLIC OF THE CONGO, September 15, 2021 /EINPresswire.com/ -- Mealtop, which recently became the largest shareholder of Melfas Co., Ltd., an electronic component manufacturing company listed on Kosdaq, has embarked on a new chapter with precision focus on the overseas resource supply business to prepare itself for the anticipated demand of mineral resources needed for the much awaited E-Vehicle industry revolution. Unlike most of the overseas resource projects of domestic companies in Korea, which were previously regarded as failures as they were focused mainly on processing of mineral ore's, the present contract with Mealtop is for supply of 100% finished Cobalt and Copper.