Marula Mining Secures First Copper Sales Deal, Eyes Expansion #maru

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Marula Mining Secures First Copper Sales Deal, Eyes Expansion ➡️ First Copper Sales Agreement: Marula secured its first deal with a European trading group for high-grade copper from Kinusi, starting with a 250-ton shipment and a 1,000-ton monthly offtake. ➡️ Production & Expansion Plans: With a 2,000-ton/month target, Marula plans to scale production through capital investment while finalizing additional offtake agreements. ➡️ Financial Outlook: Copper concentrate sales, priced at 75% of LME rates, project over $15M in annual revenue, fueling further expansion and drilling initiatives.