Vdm Group Limited (ASX:VMG)

Company Overview

VDM Group Limited is an Australia-based company engaged in construction, trading, and mining. The Company operates through two segments: construction, and mining. Its Construction segment offers engineer-procure-construct (EPC) services for a wide range of projects. The mining segment is engaged in mining exploration, development, and operation in Africa. It offers Australia’s mining expertise, experience and technology, and draws on Australia’s Health, Safety and Environmental (HSE) management systems, as well as VDMs procurement, equipment supply and maintenance, and construction capabilities. The VDM trading division is engaged in exporting of Australian goods to Asian markets and importing of Asian goods to Australia. Its project consists of the Cachoeiras do Binga copper exploration project located in the Republic of Angola, approximately 385 kilometers south of Luanda. The project covers approximately 3,854 square kilometers of prospective license.