Marula Mining Plc Update on the Optimisation of the Rados Ore Sorter at Blesberg
24 Janvier 2024 - 3:04PM
UK Regulatory
TIDMMARU
Marula Mining PLC
("Marula" or the "Company")
24 January 2024
Update on the Optimisation of the Rados Ore Sorter at Blesberg
Marula Mining (AQSE: MARU) an African focused mining and development company, is
pleased to provide an update on the ongoing commissioning and optimisation of
the Rados SRF100-8 XRF ore sorter("Rados Ore Sorter") at the Blesberg Lithium
and Tantalum Mine ("Blesberg" or the "Project").
As announced on 12 December 2023, the Rados Ore Sorter, associated conveyors and
support equipment was fully installed and first start-up material was processed
as part of the commissioning and optimisation of the sorting process.
The Rados Ore Sorter is one of the key parts of the Company's plan to expand its
ore processing capacity at Blesberg to increase production of a high-grade
lithium spodumene saleable product in this current quarter.
Highlights:
· Commissioning of the Rados Ore Sorter has now been successfully completed
· The successful first bulk testing and first production of product has now
been completed
· This work has been conducted by representatives from Rados International
Technologies (Malta) Limited("Rados") and overseen by the Company's on-site
management team and our South African metallurgical and mineral processing
group, Erudite Strategies Limited
· Handover of the Rados Ore Sorter to the Company's management and new plant
operating team has now taken place
· Major advancements made with the Rados Ore Sorter's artificial intelligence
("AI") capabilities and ore sorting algorithm has seen spodumene recoveries
increase to 89% achieved during the commissioning and bulk testing
· Spodumene recoveries on a varied range of feed material are exceeding and
outperforming the previous laboratory and test results achieved by Rados as part
of the plant design work in 2023
· The AI capabilities of the Rados Ore Sorter have allowed it to continuously
improve and enhance the recovery, product mass split, sorting aspects and
optimisation of the processing technique
· As part of this optimisation work, the Rados Ore Sorter is able to identify
and sort approx 20 different colours of spodumene(both UV fluorescent and non-UV
fluorescent) based on each spodumene's unique XRF characteristic, which has
positive implications for grade control and product grade improvement
· The Rados team has advised the Company, that along with its partners, that
Blesberg is the first operation in the world to successfully mechanically dry
process lithium ore on a large scale with spodumene recoveries in excess of 80%
and more than threefold upgrade ratio
· Optimisation of the Rados Ore Sorter will continue and production is
forecast to increase further as a new McCloskey jaw crusher, new Bell B25E ADT,
Kobelco SK520XLDLC-10 excavator, JCB467ZX wheel loader and the sensor based
Tomra COM XRT 1200 ore sorter, are scheduled to be delivered and commissioned as
previously advised
Jason Brewer, Marula Mining PLC CEO said:
"We are incredibly proud of the advancements made during the commissioning and
optimisation of the Rados Ore Sorter at Blesberg. The successful commissioning
and bulk testing and production, not only signifies a major leap in our
operational capabilities, but also positions Marula at the forefront of the
industry as we use AI sorting algorithms in our processing technologies.
"Achieving up to 89% recovery rates and the capability to process lithium ore
with efficiency and precision is a testament to our team and their commitment to
innovation as well as our partners at Rados. These results also support our aim
to deliver significant volumes of a saleable high-grade lithium spodumene
product this year.
"With this method of processing and recovery of the spodumene, with its low-cost
and zero use of chemical reagents and `dry processing' we are demonstrating our
commitment to our ESG policies and sustainable mining practices.
"We look forward to updating shareholders on our continuing operations at
Blesberg and upcoming installation and commissioning of the Tomra Ore Sorter as
well."
The Directors of Marula are responsible for the contents of this announcement.
This announcement contains inside information for the purposes ofUKMarket Abuse
Regulation.
About Marula Mining
Marula Mining (AQSE: MARU) is an African focused battery metals investment and
exploration company and has interests in several high value mine projects in
Africa; the Blesberg Lithium and Tantalum Mine and Korridor Lithium Project in
South Africa, the Kinusi Copper Mine, the Nyorinyori Graphite Project, the
NyoriGreen Graphite Project and the Bagamoyo Graphite Project all in Tanzania
and the Nkombwa Hill Project in Zambia. 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 the AQUIS Stock Exchange (AQSE), Marula is
exploring opportunities to admit its shares to trading on the London Stock
Exchange plc's Standard List or AIM Market, Kenya's Nairobi Securities Exchange
and South Africa's Johannesburg Stock Exchange.
For enquiries contact:
+--------------------------------------+------------------------------+
|Marula Mining PLC |Email : jason@marulamining.com|
| | |
|Jason Brewer, |Email : info@marulamining.com |
| | |
|Chief Executive Officer | |
| | |
|Faith Kinyanjui Mumbi | |
| | |
|Investor Relations | |
+--------------------------------------+------------------------------+
|AQSE Corporate Adviser |+44 (0)20 7213 0880 |
| | |
|Cairn Financial Advisers LLP, | |
| | |
|Liam Murray / Ludovico Lazzaretti | |
+--------------------------------------+------------------------------+
|Broker |+44 (0)20 7469 0930 |
| | |
|Peterhouse Capital Limited, | |
|Charles Goodfellow / Duncan Vasey | |
+--------------------------------------+------------------------------+
|Financial PR and IR |+44 (0)20 7138 3204 |
| | |
|BlytheRay | |
| | |
|Tim Blythe / Megan Ray / Said Izagaren| |
+--------------------------------------+------------------------------+
Caution:
Certain statements in this announcement, are, or may be deemed to be, forward
looking statements. Forward looking statements are identi?ed by their use of
terms and phrases such as "believe", "could", "should" "envisage",
"estimate", "intend", "may", "plan", "potentially", "expect", "will"
or the negative of those, variations or comparable expressions, including
references to assumptions. These forward-looking statements are not based on
historical facts but rather on the Directors' current expectations and
assumptions regarding the Company's future growth, results of operations,
performance, future capital and other expenditures (including the amount, nature
and sources of funding thereof), competitive advantages, business prospects and
opportunities. Such forward looking statements re?ect the Directors' current
beliefs and assumptions and are based on information currently available to the
Directors.
This information was brought to you by Cision http://news.cision.com
END
(END) Dow Jones Newswires
January 24, 2024 09:04 ET (14:04 GMT)
Marula Mining (AQSE:MARU)
Graphique Historique de l'Action
De Avr 2024 à Mai 2024
Marula Mining (AQSE:MARU)
Graphique Historique de l'Action
De Mai 2023 à Mai 2024
