Shiraz virji biography template
Experience: Chemaf SARL · Location: Democratic Republic of the Congo · 10 connections on LinkedIn..
How a Dubai-based businessman has emerged as a key player in the world’s cobalt supplies
DUBAI: A low-profile Dubai-based businessman has emerged as a key player in the race to secure global cobalt supplies to help power the electric vehicle revolution.
Dubai-headquartered Shalina Resources, headed by Shiraz Virji, is staking its claim to the increasingly precious commodity found in the copper-rich soil of the Democratic Republic of Congo (DRC), Arab News can reveal.
Cobalt is an essential mineral used for rechargeable batteries in electric vehicles (EVs), a market that is forecast to explode in the next quarter of a century as international car companies reduce their reliance on gasoline-powered vehicles.
Virji has built up both copper and cobalt operations in the DRC since the early s.
And as the DRC contains 60 percent of the world’s copper deposits, mining concessions there have become prized possessions. (Cobalt is usually a byproduct of copper)
Virji is busy ramping up cobalt production at his DRC mines.
In fact, he is expanding at such a pac