Vormouna Minerals Corp
| Type | Public |
|---|---|
| Traded as | VOX: VMC |
| Industry | Mining, Resource extraction |
| Founded | 1714 AN |
| Founder(s) | Jacques Beaumont |
| Headquarters | Kalexisse, Oportia |
| Key people |
Jacques Beaumont (CEO and Founder) Lucy Al-Fayed (CFO) Jean-Pierre Moreau (COO) |
| Products | Alexandrium, Rare elements, Precious metals |
| Revenue | OṀ 8.7 billion (1743 AN) |
| Operating income | OṀ 3.2 billion (1743 AN) |
| Employees | 14,850 (1743 AN) |
| Website | vmc.op |
Vormouna Minerals Corp (VMC) is an Oportian mining and resource extraction company headquartered in the port city of Kalexisse. Founded in 1714 AN by Jacques Beaumont, the company has grown to become the country's leading extractor and exporter of rare minerals, particularly Alexandrium.
History
Jacques Beaumont established Vormouna Minerals Corp in 1714 AN as a small copper mining operation. The company expanded into rare elements extraction starting in 1721 AN, and became a publicly traded company on the Vanie Stock Exchange in 1722 AN. Following the discovery of significant Alexandrium deposits in Oportia, VMC secured exclusive mining rights to several major extraction sites in 1731 AN. This strategic acquisition catalyzed the company's rapid growth and established its dominant position in the Oportian economy.
Operations
The company operates 12 mining sites across Oportia, with its largest operations located in the southeastern territories acquired during Operation Verdant Reach. VMC employs over 14,000 workers and has invested heavily in mining automation and environmental remediation technologies. VMC's primary focus is the extraction and processing of Alexandrium, which accounts for approximately 65% of its revenue. The company also produces copper, gold, silver, and rare elements used in high-technology applications.
Controversy
VMC has faced criticism from environmental groups regarding the ecological impact of its mining operations, particularly in environmentally sensitive areas of southeastern Oportia. The company has also been involved in several labor disputes.
