African-focused mining and development company, Marula Mining has exported its first manganese export sales under the company's mine support services agreement (MMSA) with Kenyan company Gems and Industrial Minerals (GIM) from the Larisoro Manganese Mine in Samburu County, Kenya.
It said export sales of an initial 476 tonnes of manganese at an average grade of 37% manganese from the stockpiled manganese ore in Nairobi were completed under the management of GIM and with Scan Global Logistics.
Under the terms of the MMSA, Marulscreening is now due to receive 60% of the net proceeds from selling this initial manganese ore export.
Marula said sales of manganese ore from Larisoro will continue every month and are expected to increase in the fourth quarter of 2024 as the company fast-tracks its planned $1.5 million investment in new mining, crushing, screening and processing plant equipment.
Mathew Nyaungwa, Editor in Chief, Rough&Polished