Africa-focused battery metals investment and exploration company Marula Mining’s executive management team is finalising the outstanding logistics and export arrangements for the initial 500 t of spodumene to be sold from the Blesberg project, in South Africa.
This initial sale and the receipt of proceeds is expected to be concluded over the next two to four weeks.
Future spodumene sales are expected to proceed smoothly and Marula expects to sell 10 000 t of spodumene ore this year.
Further, Marula says its South African subsidiary South African Lithium and Tantalum Mining is expecting to finalise agreements for the sales of other by-product minerals including tantalum, feldspar and mica, which are slated to start in the third quarter of this year.
In addition, the company is pushing ahead with its plans to establish expanded processing facilities to produce a higher-value lithium carbonate and/or lithium hydroxide by later this year.