On March 12th, the cobalt system of Ramica Corporation Limited (hereinafter referred to as "Ramica Company") in the Democratic Republic of Congo successfully produced the first batch of qualified cobalt hydroxide products. This is another key milestone after the successful commissioning of the copper system on September 13, 2020, marking the full operation of the copper cobalt production system of the Pangby project.

Under the adverse conditions of the continuous impact of the COVID-19, Lamika fully practices the corporate culture of "loyalty, responsibility, pragmatism and efficiency", and solidly promotes the project construction and production operation on the premise of comprehensively strengthening the normalization of epidemic prevention and control. The project team is not reliable, self pressurizing, and continues to overcome many challenges, such as insufficient construction personnel, the inability of factory service personnel to arrive, frequent power cuts and power restrictions in the local area, and delayed mobilization of production personnel, to achieve a steady increase in the output of the copper production system and the smooth operation of the cobalt production system.

The full operation of the copper cobalt production system in the Pangbi project is the joint result of sincere cooperation, tenacious struggle, and overcoming difficulties among all participating units and participants. It is also a vivid embodiment of "China's speed, Wanbao mineral efficiency" on the African continent, fully demonstrating the good image of Chinese enterprises.

Ramica Company will continue to firmly establish a sense of responsibility, enterprising spirit, and opportunity consciousness, practice the concept of high-quality development, focus on improving operational capabilities, implement measures to enhance quality and efficiency, continuously improve product quality and cost competitiveness, and lay a solid foundation for the good start of Wanbao Mining's "14th Five Year Plan".