Mabwe Minerals Inc. (MBMI) Prepares for Commercial Production Leveraging Pending, Current Partnerships
Mabwe Minerals operates through its Zimbabwe affiliate, Mabwe Corp. Ltd., as a U.S.-based natural resources and hard asset company focused on the mining, logistics, and commercial sales of industrial minerals and metals. The company’s primary focus is on barite, a weighting agent for drilling fluids in oil and gas drilling operations, and is also used for medial, paint, and automotive applications. Moving from a development phase company into commercial barite production, the company is preparing to benefit from rising global demand. MBMI’s Dodge Mine project is comprised of three hydrothermal mountains with multiple deposits of barite, limestone, and talc. A…