Marula establishes Kenya copper, graphite mining arm

Africa-focused mining operator Marula Mining has formed a wholly owned operating subsidiary company in Kenya, Muchai Mining Kenya, that will examine near-term and advanced copper and graphite mining opportunities in the country.

The company said its decision to establish Muchai came after extensive due diligence of several opportunities for copper and graphite, which it said should be concluded “in due course” and runs parallel with its mission to underscore its East Africa presence.

Marula Mining was first registered in Kenya in September 2022; at that time, the operator set up a head office in Nairobi.

“The board believes that, through this new operating subsidiary, [we] will be able to play a role in Kenya’s mining and metals sector and further advance its strategy to identify, develop and advance new, prospective battery metals opportunities,” the company said.

The incorporation of Muchai Mining Kenya also follows its previous formation of its 80%-owned Zimbabwean operating subsidiary, Muchai Mining (Pvt) Limited for advanced battery metals projects in lithium and copper.

CEO Jason Brewer noted the establishment of Muchai Mining Kenya was a long-awaited event for the company.

“We are excited by the potential that Kenya offers and we are pleased that we can now move our planned initiatives in the country forward,” he said.

“I have been impressed with how the Kenyan government is emphasising the importance of its mining sector, for the future growth of the Kenyan economy. As a company we have been actively engaged with a number of industry groups in the country and are keen to play a role in establishing Kenya’s mining sector as a contributor to economic growth and employment. Marula’s experience and expertise gives us no doubt that Muchai Mining Kenya is well positioned for success.”

Marula has interests in several high value mine projects in Africa: the Blesberg lithium and tantalum mine in South Africa, the Nkombwa Hill project in Zambia, and the Kinusi copper mine, Bagamoyo graphite project and Nyorinyori graphite project in Tanzania. 

Source: Marula Mining

Related posts