Marula Mining, an Africa-focused mining and development company, is making progress with sales agreements with Fujax UK and other parties in South Africa for the by-product minerals extracted from its Blesberg lithium and tantalum mine in South Africa’s Northern Cape.
These minerals, including coltan, feldspar, and others, will be processed using the company’s existing equipment, with plans to expand the processing plant in the second quarter.
A long-term offtake agreement has been signed with Fujax for 100% of the lithium-bearing ore and concentrate production from Blesberg, with deliveries scheduled to begin next month and continue through to December 31, 2026.
The company aims to maximize the economic potential of Blesberg by securing additional sales agreements for the by-product minerals, such as coltan and feldspar.
Sampling and analysis of these minerals have been completed, with assay results expected in the second quarter. These results will inform sales agreements with both local and international offtake groups.
Marula Mining anticipates concluding sales agreements and generating revenue from the sale of these by-product minerals by the late second quarter.
Henk van Zyl, Marula Mining Southern Africa GM, emphasizes the economic value of Blesberg’s mineral assortment beyond lithium-bearing ores and highlights the opportunity to enhance project economics through standalone offtake agreements for by-product minerals like coltan.