Raptor Resources Holdings, Inc. (RRHI) Subsidiary Inks Strategic Distribution Deals, Advancing Barite Production Plan
Raptor Resources is a holdings company focused on mineral resource acquisition, exploration, and development, operating through its two wholly owned subsidiaries: Mabwe Minerals, Inc. (OTCQB: MBMI), a natural resources and hard asset company engaged in the mining and commercial sales of industrial minerals & metals with first focus on barite; and TAG Minerals, a mineral & metal resource acquisition, exploration, and development company with first focus on alluvial surface gold.
Through its partnership with PHI Commodities, Mabwe Minerals has exclusive load rights from the Shamva Rail Depot direct to the Port of Beria, Mozambique, utilizing their fleet of rail wagons. The Shamva Rail Depot transfer yard is within 17km of Mabwe Minerals’ Dodge Mine Project in Zimbabwe, engaged in barite production.
Following previously announced intentions to do so, Mabwe Minerals Thursday announced it has officially entered into strategic alliances with both Steinbock Minerals Limited and Yasheya Limited, positioning the company with a solid foundation for its distribution, sales, shipment, and delivery network.
Steinbock Minerals will be Mabwe Minerals’ distributor and sales arm as they specialize in the worldwide distribution of industrial minerals, with first focus on barite. Switzerland-based Steinbock Minerals has established a customer base throughout Europe and the Middle East.
As a leading transporter of industrial minerals, Yasheya will be Mabwe Minerals’ shipping and delivery arm. Yasheya specializes in ocean shipping, containers, coasters, barging, railing, trucking, and warehousing.
“Both Steinbock Minerals and Yasheya have established, long-term relationships throughout the industrial minerals sector. They are a welcomed addition to our network of strategic partners as we start ramping up production at Dodge Mine,” Al Pietrangelo, CEO of Mabwe Minerals, stated in the press release. “We look forward to providing our shareholders with pending updates through our corporate newsletters.”
For more information, visit www.RaptorResourcesHoldings.com
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