CEO Jason Brewer
Africa-focused mining and development company Marula Mining has entered into an export logistics agreement with Scan Global Logistics (SGL) Group’s Kenya-based subsidiary, SGL Kenya, for the transportation and export of manganese ore from the Larisoro manganese mine located in Samburu County in northern Kenya.
Under the terms of the logistics agreement, SGL Kenya will manage and oversee all aspects of the ore transportation and shipping process, including the loading and railing of containers to the Port of Mombasa, export booking process, customs clearance and all port-related processes, sea freight and shipping arrangements.
In addition, the company has secured a revolving KSh12.5-million line of credit (about $100 000) from SGL Kenya under the logistics agreement which will be used to manage costs and its working capital during the sale and export of manganese ores during the term of the agreement.
Loading of manganese ore by SGL Kenya is scheduled to start at the end of the month.
The SGL Group has a global presence in the logistics and freight forwarding industry across all six continents.
The logistics agreement is in addition to the three key operating contracts recently announced by the company in May, which included the transportation of the manganese ore from the Larisoro mine to Nairobi by a local Kenyan-owned transportation company.
“We are pleased to have entered into this agreement with SGL on this pivotal process for the export of manganese ores from the Larisoro manganese mine.
This collaboration underscores our commitment to efficient operations and sustainable growth in Kenya’s mining sector and Africa at large. SGL Group’s proven expertise and extensive support further solidify our strategic objectives. The teams are actively working to ensure seamless execution from mine to port and into international markets,” says Marula CEO Jason Brewer.
“We have trucks and material moving and our stockpiles are building, so it is an exciting time for us now as revenues are due to flow,” he added.