| Shareholders | % | No. of shares of USD 1000 each | Subscription in USD |
| GÉCAMINES SA | 35 | 35 | 35,000 |
| MINALEX SARL | 65 | 65 | 65,000 |
| TOTAL | 100 | 100 | 1,00,000 |
| Beneficial Owners | % of Beneficial Ownership |
| Democratic Republic of Congo (Gécamines S.A.) | 35 |
| Mr. Atul N. Dalmia | 28.52 |
| Mr. Anil R. Patel | 14.08 |
| Others (less than 10%) | 22.40 |
| TOTAL | 100 |