Signing on as a majority shareholder and major investor QGC is set to transform the African-focused mining and development company and fast-track its progress, the company said.
QGC has established itself as one of South Africa’s leading independent commodity, logistics and investment houses.
“QGC has the network to open international partners for sales and marketing and we intend to fund the company and bolster the value of the assets within a short period of time. We want to make sure this is a company that we can all look to for massive growth and future profits. After careful due diligence and geology, we believe Marula Mining is a big play and we intend to throw a lot of our time and efforts to get it there during this year” says mining magnate, Quinton van der burgh.
“With Quinton, we can now go full throttle and realize the assets we have,” says Marula Mining CEO Jason Brewer.
Marula Mining is a battery metals investment and exploration company and has interests in several high-value mine projects in Africa; Blesberg Lithium and Tantalum Mine in South Africa, Nkombwa Hill Project in Zambia and Kinusi Copper mine in Tanzania.
“Lithium is one of the most sought-after commodities for the electric vehicles sector, for lithium-ion batteries and you have trading prices at an all-time high”, said Brewer.
“Renewables are a very exciting space to be moving into and it’s through joint ventures that QGC is able to do so, at the same time expanding our commodities portfolio”, says Quinton van der Burgh, Q Global Commodities CEO.
Marula Mining is delivering its first shipment of high-grade run-of-mine (RoM) lithium ore at its Blesberg lithium and tantalum mine in the Northern Cape. The first shipment falls under a $ 5 million Lithium prepayment facility to a South African subsidiary of global commodity group Traxys.
Marula’s shares are quoted on the AQUIS Stock Exchange (AQSE) and they are exploring opportunities to dual list on the London Stock Exchange’s AIM Market and Kenya’s Nairobi Securities Exchange.
Marula aims at identifying and investing in advanced and high-value mining projects throughout East, Central and Southern Africa that can deliver rapidly for its shareholders and can be taken through to production and generate positive returns for all stakeholders.
“Our Board and management team aims to establish Marula as a socially and environmentally responsible, sustainable, and profitable producer of critical metals and commodities that are of increasingly strategic importance to modern technologies and the global economy,” said Brewer.
This is echoed by QGC, a company that historically places great emphasis on the principle of sustainability of the environment as it encompasses the assumption of intergenerational equity.
