Thursday, August 8, 2013

Mabwe Minerals, Inc. (MBMI): 2 New Key Alliances Create Strategic Network for Barite Distribution

Mabwe Minerals, a natural resources company engaged in the mining and commercial sales of industrial minerals and metals, has entered into strategic partnerships with both Steinbock Minerals Limited and Yasheya Limited, successfully establishing its distribution, sales, shipment, and delivery network.

“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.”

WGB Kinsey & Company, MBMI’s minority owned mining & construction company, is currently on site at the Dodge Mine project, engaged in barite production. MBMI is responsible for managing MBMI’s Shamva Rail Depot transfer yard, where MBMI has secured exclusive load rights from the Shamva Rail Depot direct to the Port of Beria utilizing their fleet of rail wagons.

Switzerland-based Steinbock Minerals will operate as the distributor and sales arm for MBMI, leveraging its expertise in the worldwide distribution of industrial minerals, with first focus on barite. As a key distributor in the industrial minerals’ sector, Steinbock Minerals has established an international reach with customers throughout Europe and the Middle East and long-term relationships throughout the oil and gas drilling sector.

“We have no shortage of barite customers who are in need of high quality barite as seen at Dodge Mine,” David Coplet, president of Steinbock Minerals stated. “On behalf of Steinbock Minerals, we are pleased to be part of the Mabwe Minerals team and look forward to helping them bring a new barite source into commercial production to satisfy the high demand.”

Yasheya will be the MBMI’s shipping and delivery arm as it is a globally recognized leader in the transport of industrial minerals specializing in ocean shipping, containers, coasters, barging, railing, trucking, and warehousing.

Abel Coplet, CEO of Yasheya, stated, “With our strategic alliances in place, we are excited to add the Port of Beira into our network of ports servicing the industry’s need for high-grade barite. Our company prides itself in the importance of establishing strong alliances. Mabwe Minerals is our newest strategic partner and we are excited to join forces.”

Raptor Resources Holdings Inc. (OTCQB: RRHI) is the parent/holding company of Mabwe Minerals. For more information visit www.RaptorResourcesHoldings.com

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