Critical Metals establishes Molulu's first primary school

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Sharecast News | 08 Nov, 2023

17:24 23/12/24

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Mining company Critical Metals said on Wednesday that it has successfully opened Molulu's first primary school.

The school will provide children aged between 5-13 years old with access to education, utilising a total of two classrooms.

In addition to establishing the school in the Democratic Republic of Congo, Critical Metals also has a near-term commitment to providing educational materials such as pens, pencils, and work notebooks, as well as school uniforms. In addition to contributing essential items, Critical Metals will look to support the long-term expansion of the school.

The Molulu Primary School was built by the local community and Critical Metal employees, with the firm providing funding for the teaching staff.

Chief executive Russell Fryer said: "Our commitment to opening Molulu's first Primary School underscores our dedication to working collaboratively with the communities around us, as we strive to empower communities through quality education.

"We remain committed to invest in the community we operate, via employment - currently all of our fifty-one employees are Congolese except two. Access to education is the first step and pivotal to ensuring, where possible, local jobs go to local people in the future."

As of 0920 GMT, Critical Metals shares were down 0.92% at 16.10p.

Reporting by Iain Gilbert at Sharecast.com

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