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MagEnergy
MagIndustries is a Canadian potash mining company operating in the Republic of Congo, majority owned by China-based Evergreen Holding Group. History Establishment The company was established in 1997 as Congo Minerals Inc. and set out to be a low-cost producer of magnesium from the Republic of Congo. In May 1997 it concluded an exploration research agreement with the Congolese Ministry of Mines in the Kouilou Department. The Holle Mine, a former potash producing mine, had once operated in the Kouilou area. On the corporate side, the newly established private company converted itself into a publicly traded company by conducting a reverse takeover. In October 1997 the company emerged as the Magnesium Alloy Corporation through amalgamation with Clavos Enterprises, a largely inactive publicly traded company. The executive team at this stage included Chairman and President George Creber, Executive Vice-President William Burton and Vice-President Kim Barkan. The board of directors in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Inga Dams
The Inga Dams are two hydroelectric dams connected to one of the largest waterfalls in the world, Inga Falls. They are located in the western Democratic Republic of the Congo and 140 miles southwest of Kinshasa. Inga Falls on the Congo River is a group of rapids (or cataracts) downstream of the Livingstone Falls and the Pool Malebo. The Congo falls ~ within this set of cataracts. The mean annual flow rate of the Congo River at Inga Falls is ~. Given this flow rate and the 96-metre fall, the Inga Falls alone has a potential to generate ~ of mechanical energy and nearly as much electrical energy. Inga Falls is currently the site of two large hydro power plants and is being considered for a much larger hydro power generating station known as Grand Inga. The Grand Inga project, if completed, would be the largest hydro-electric power generating facility in the world. The current project scope calls for the use of a flow rate ~26,400 cubic metres per second at a net head of ~150 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
