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  • Dangote Cement (Ethiopia) PLC Royalty For Raw Materials As From March To May, 2020

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    mickey mussie
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    Dangote Cement (Ethiopia) PLC provided a royalty report for raw materials from March to May 2020. The report details the quantities and sale prices of limestone, basalt, silica sand, and pumice extracted over that period. Total royalties due to the government were over 3.8 million ETB, calculated at 4% of the sale price of each material according to the feasibility report valuations in dollars converted to ETB. Extraction quantities for each raw material are also listed for the period.

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    Royalty_April_May2020

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    Dangote Cement (Ethiopia) PLC provided a royalty report for raw materials from March to May 2020. The report details the quantities and sale prices of limestone, basalt, silica sand, and pumice extracted over that period. Total royalties due to the government were over 3.8 million ETB, calculated at 4% of the sale price of each material according to the feasibility report valuations in dollars converted to ETB. Extraction quantities for each raw material are also listed for the period.

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    © All Rights Reserved
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    8 views2 pages

    Dangote Cement (Ethiopia) PLC Royalty For Raw Materials As From March To May, 2020

    Uploaded by

    mickey mussie
    Dangote Cement (Ethiopia) PLC provided a royalty report for raw materials from March to May 2020. The report details the quantities and sale prices of limestone, basalt, silica sand, and pumice extracted over that period. Total royalties due to the government were over 3.8 million ETB, calculated at 4% of the sale price of each material according to the feasibility report valuations in dollars converted to ETB. Extraction quantities for each raw material are also listed for the period.

    Copyright:

    © All Rights Reserved
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    DANGOTE CEMENT (ETHIOPIA) PLC

    Royalty for raw materials as from March to May, 2020


    MTD Royalty - 4% on sale price( ETB) Remarks
    S. sale price of mineral as per Total amount
    Description UOM
    No Mar-20 Apr-20 May-20 Feasibility Report in ETB Mar-20 Apr-20 May-20
    in ETB

    Limestone ton 206,275.00 110,650.00 155,939.00 4.5USD 1,230,471.63 667,794.88 958.837.72 2857104.23 4.50USD / Tone
    1 1USD= 33.14, 33.53 &
    34.16 ETB Avg.
    April 30 Rate)
    2 Basalt " 37,298.00 17,590.00 18,602.00 120.00 179,030.40 84,432.00 89,289.60 352752.00
    " 18,600.00 11,700.00 13,875.00 150.00 111,600.00 70,200.00 83,250.00 265050.00
    3 Silica sand

    4 Pumice " 26,609.25 25,447.80 29,665.95 100.00 106,437.00 101,791.20 118,663.80 326892.00
    Grand Total 3801798.23
    Qty (MT) Man days worked
    Limestone 201,452.00 1200
    Clay/red clay 16,675.00 250
    Gypsum - 0
    Silica sand 10,579.00 191
    Pumice 42,725.00 184
    Overburden 301,240.00 1009

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