Modern Mining March 2023
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.
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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