Africa-focused battery metals investment and exploration company Marula Mining is finalizing the logistics and export arrangements for the initial 500 tonnes of spodumene from its Blesberg project in South Africa.
The sale and receipt of proceeds are expected to be concluded within the next two to four weeks.
Marula anticipates future spodumene sales to proceed smoothly, with plans to sell 10,000 tonnes of spodumene ore this year.
Additionally, Marula’s South African subsidiary, South African Lithium and Tantalum Mining, is expected to finalize agreements for the sale of other by-product minerals, including tantalum, feldspar, and mica, slated to begin in the third quarter of this year.
The company is also advancing its plans to establish expanded processing facilities to produce higher-value lithium carbonate and/or lithium hydroxide by the end of the year.
