LONDON - Marula Mining PLC (AQSE: MARU), an African-focused mining and development company, has announced the appointment of Richard Hawken as its metals trading and commodity sales consultant. With over 15 years of experience in the industry, Hawken brings a wealth of knowledge in commodity sales, trading, and marketing across Africa.
Hawken's expertise spans sourcing and trading base metals and strategic critical metals, having held senior roles in both South Africa and the United Kingdom (TADAWUL:4280). His track record includes working with European and UK-based global commodity trading groups and mining companies.
The company expects that Hawken's skills in structured offtake agreements, commodity financing, and logistics will be invaluable in optimizing and negotiating new offtake and commodity sales agreements. Hawken's immediate focus will be on securing and overseeing sales and marketing agreements for the company's planned production and sales in 2025.
He will also play a key role in finalizing negotiations and contractual arrangements for a joint venture with a Chinese battery manufacturer to commission, finance, and operate a lithium acid leaching plant at the Blesberg Lithium and Tantalum Mine, as announced on October 17, 2024.
Marula's board and executive management team express confidence that Hawken's appointment will enhance the company's ability to secure high-value commodity sales and offtake contracts for its portfolio of battery and critical metals projects in East and Southern Africa.
CEO Jason Brewer welcomed Hawken, highlighting his extensive experience and potential impact on the company's growth within the international commodity market, as well as his anticipated contribution to the lithium sulphate joint venture at Blesberg and a copper cathode processing facility at Kinusi.
Marula Mining's strategy is to invest in high-value mining projects in East, Central, and Southern Africa, aiming to establish itself as a sustainable and profitable producer of critical metals. The company's shares are currently traded on the AQUIS Stock Exchange in London and A2X Markets in South Africa, with plans to expand to the Nairobi Securities Exchange and Johannesburg Stock Exchange.
This article is based on a press release statement from Marula Mining PLC.
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