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Marula Mining completes first manganese exports sales at Larisoro Manganese Mine...
18 Sep, 2024 09:05
259 min read
Marula Mining PLC, an African-focused mining company, has successfully completed its first manganese export from the Larisoro Manganese Mine in Kenya. A total of 476 tonnes of manganese ore, with an average grade of 37%, was transported from Nairobi to the Port of Mombasa for shipment to China under existing offtake agreements. Marula will receive 60% of the net proceeds from the sale. Monthly sales are expected to grow in Q4 2024 as the company invests $1.5 million in new equipment to boost production....
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