Raptor Resources Holdings Inc. (RRHI) to Help Meet Global Demand for Barite at Dodge Mine Project
Raptor Resources Holdings is a holdings company concentrated on mineral resource acquisition, exploration, and development. Working through its two subsidiaries, Mabwe Minerals Inc. and TAG Minerals Inc., it aims to grow organically as well as through the acquisition of seasoned mining and mineral assets. One of Raptor Resources’ current focuses is meeting the growing worldwide demand for barite. Barite is a naturally occurring mineral that is primarily used in the oil and gas industry and tapped for applications in the medical, automotive, and paint pigment industries as well. Estimates say 80% of American Petroleum Institute-grade (API-grade) barite is used in…