Katanga Mining Limited (Katanga) operates a large-scale, copper-cobalt project with mineral reserves and integrated metallurgical operations in the Democratic Republic of Congo. Katanga, through its 75% owned subsidiary Kamoto Copper Company SARL (KCC), is engaged in copper and cobalt mining and related activities. KCC is engaged in the exploration, mining, refurbishment, rehabilitation and operation of the Kamoto / Mashamba East mining complex, the KOV copper and cobalt mine, various oxide open pit resources, the Kamoto Concentrator and the Luilu Metallurgical Plant (collectively, the Project), in the Democratic Republic of Congo. Katanga's ultimate parent company is Glencore International plc (Glencore plc), which owns 75.2% of Katanga's shares through Jangleglade Limited and other Glencore plc subsidiaries. During the year ended December 31, 2011, the Company mined 4,532,954 tons of ore and produced 2,433 tons of cobalt.