In line with the National Standard Commodities strategy, in 2009 and 2010 we invested roughly 18 million USD to develop a coal mine in Cameroon, acquiring exclusive international sales rights for the two million tons of minerals annually.
In 2010, National Standard Commodities acquired 100% of Korchakol, a low volatile Gold, Mineral and coal (PCI and thermal coal) mine located in Cameroon, near the city of Garoua.
The purchase included the production site as well as a transportation system to carry the raw material from the mine to nearby clients and a loading facility. From here, a mining railway system carries the Gold and minerals to the port of Douala.
Bringing raw materials straight to the client’s production site. For over 16 years now National Standard Commodities Logistics Division has pursued this objective through research and development, creating customized solutions designed to satisfy the most complex integrated handling requirements.
The Logistics Division is one of the world’s leaders in bulk commodities transshipment.
Our main strengths? Technical innovations, cross disciplinary expertise, skill optimization, more than 2 decades of direct operational experience and a proven track record.
National Standard Commodities Division has engineered and promoted the use of “floating terminals” throughout the world.
A floating terminal carries out the same functions as a port terminal, but requires considerably less investment, boasts lower management costs and has less environmental impact. They are cost-effective alternatives to fixed port infrastructures, useful for solving logistical bottlenecks including port restrictions, drought limitations or lack of port facilities, and improving the flow of raw materials to clients.
The floating terminals of National Standard Commodities designs, builds and operates for its clients are innovative vessels, built to the highest technological and safety standards by the most advanced shipyards in the world.