Marula Mining strengthens team with metals trading specialist Bi Investing.com

LONDON – Marula PLC (AXSE: MARU ), an Africa-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 merchandising, trading and marketing across Africa.

Hawken’s expertise includes the procurement and trading of base metals and strategic critical metals, having held senior roles in South Africa and the United States Kingdom (TADAWUL:). His experience includes working with global commodity trading groups and mining companies based in Europe and the UK.

The Company expects Hawken’s skills in structured offtake, commodity financing and logistics to 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 leach facility at the Blesberg lithium and tantalum mine, as announced on 17 October 2024.

Marula’s board and executive management team are confident that Hawken’s appointment will enhance the company’s ability to secure high-value commodity sales and off-take contracts for its portfolio of battery and critical metals projects in East and Southern Africa.

CEO Jason Brewer welcomed Hawken, noting his extensive experience and potential impact on the company’s growth in the international commodities market, as well as his expected contribution to the lithium sulfate joint venture in Blesberg and the cathode processing facility in Kinusi.

Marula Mining’s strategy is to invest in high-value mining projects in East, Central and Southern Africa, with the aim of establishing itself as a viable and profitable producer of critical metals. The company’s shares are currently traded on the AKUIS Stock Exchange in London and A2X Markets in South Africa, with plans to expand to the Nairobi Stock Exchange and the Johannesburg Stock Exchange.

This article is based on a press release from Marula Mining PLC.

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