MINING News
QGC partners with Marula Mining to mine future metals projects
Signing on as a majority shareholder and major investor QGC is set to transform the African-focused mining and development company, Marula Mining, and fast-track its progress, the company said. QGC has established itself as one of South Africa’s leading independent com- modity, logistics and investment houses. “QGC has the network to open interna- tional partners for sales and marketing and we intend to fund the company and bol- ster the value of the assets within a short period of time. After careful due diligence and geological investigation, we believe Marula Mining is a big play and we intend to throw much of our time and effort to get it there during this year,” says mining mag- nate, Quinton van der burgh.
“With Quinton, we can now go full throt- tle and realise the assets we have,” says Marula Mining CEO, Jason Brewer. Marula Mining is a battery metals investment and exploration company with 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 in 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 ven- tures that QGC is able to do so, at the same
Jason Brewer and Quinton van der Burgh.
time expanding our commodities portfo- lio”, says Quinton van der Burgh, Q Global Commodities CEO.
Marula operations.
Thakadu and Mertech Marine to JV on recycling
Beneficiation and trading company, Thakadu Resources, and Mertech Marine have agreed to a joint venture to ben- eficiate copper recycled from subsea telecommunication cables and to establish a new high-purity copper sulphate plant in South Africa. The plant will be equally funded by the JV partners and will provide a unique, reliable and responsible supply of copper sulphate for the mining, agricultural and chemical industries in Sub-Saharan Africa, the company said. Having pioneered the responsible supply of battery raw materials from South Africa, Thakadu plans to build and operate the new plant within Mertech Marine’s exist- ing recycling facility in Gqeberha, South Africa. The plant will have the capacity to produce 5 200 mt of high-purity copper sulphate per annum. Commercial production is planned for 2024, subject to the necessary regulatory approvals.
Thakadu Resources and Mertech Marine JV to beneficiate copper.
4 MODERN MINING March 2023
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