| Industry | Mining |
|---|---|
| Defunct | November 2007 |
| Fate | Merged into Central African Mining and Exploration Company |
| Headquarters | Democratic Republic of the Congo |
Tremalt Limited was a mining company incorporated in the British Virgin Islands[1] which owned assets in the Democratic Republic of the Congo (DRC). It was the vehicle for a highly criticized deal in 2001 in which it bought copper assets at far below their estimated value in return for a private agreement to pay a share of profits to the DRC and Zimbabwe governments. Allegedly some of the payments were made in the form of military equipment. The company made few investments in its assets, several of which the DRC government took back. In 2006 it was sold for about $60m.