Corporate Restructure with New United Kingdom (“UK”)-Based Subsidiaries Established
Marula Mining PLC (AQSE: MARU, A2X: MAR), an Africa-focused mining and development company, has announced the incorporation of two wholly owned UK-based subsidiaries as part of its strategic growth and value-creation initiatives across its battery metals and critical minerals portfolio in East and Southern Africa.
The newly formed Marula Africa Mining Holdings Limited (“Marula Africa”) will serve as the holding company for all of Marula’s direct, indirect, and commercial interests in its African mining, development, and exploration assets. This structure aims to streamline the management of Marula’s operations and provide greater strategic coherence as the company expands its project footprint and pursues additional corporate actions.
In addition, Marula Metals Processing Limited (“Marula Metals”) has been established to oversee all value-added processing and refining activities related to Marula’s battery metals and critical mineral projects. Marula Metals will also act as the special purpose vehicle for advancing joint ventures and partnerships focused on battery metals processing, critical metals recycling, and the recovery and processing of e-waste.
The formation of these two subsidiaries marks a key step in Marula’s corporate development strategy and underscores its commitment to delivering high-value, sustainably sourced materials essential to the global energy transition.
About Marula Mining
Marula Mining (AQSE: MARU A2X: MAR) is an African focused battery metals investment and exploration company and has interests in several high value mining operations and mine development projects in Africa: the Blesberg Lithium and Tantalum Mine and Northern Cape Lithium and Tungsten Project, all in South Africa; the Boteti Lithium Brines Project in Botswana; the Larisoro Manganese Mine and Kilifi Manganese Processing Operation both in Kenya; the Kinusi Copper Mine, the Nyorinyori Graphite Project and the NyoriGreen Graphite Project all in Tanzania. As we advance operations at these battery metals focused projects, Marula will continue to build and expand its interests in other high-quality projects in Africa.
Marula’s strategy is to identify and invest in advanced and high-value mining projects throughout East, Central and Southern Africa that the Directors believe would deliver returns for its shareholders. The Board and management team aims to establish Marula as a socially and environmentally responsible, sustainable, and profitable producer of critical metals and commodities that are of increasingly strategic importance to modern technologies and the global economy. Marula’s shares are traded on AQUIS Stock Exchange (AQSE) in London and A2X Markets in South Africa. Marula is exploring opportunities to admit its shares to trading on Kenya’s Nairobi Securities Exchange and South Africa’s Johannesburg Stock Exchange.
For enquiries contact:
|
Marula Mining PLC Jason Brewer, Chief Executive Officer
Faith Kinyanjui Mumbi Investor Relations |
Email : jason@marulamining.com
Email : info@marulamining.com |
