Astute investors look for market imbalances that skew the odds of success in their favor. Smart money would likely be interested in a product that’s had continued price increases year over year for the last several years with demand projected to increase 16% in two years. In addition, the product is essential for oil and gas production. Oil and gas production are on the rise around the globe, and in certain areas of the Middle East demand for this essential product is predicted to increase by 50% within three years. Increasing demand and continually higher prices usually set the stage for superior profit potential. High quality barite has become an invaluable commodity.
Barite is a naturally occurring mineral that is in increasingly short supply and critical for the production of oil and natural gas. Globally, nearly 80% of the barite produced annually is used as a weighting agent for drilling fluids in oil and gas exploration to suppress high formation pressures and prevent blowouts. Barite is also used as filler in paint and plastics, for sound reduction in engine compartments, for protective automobile finishes, as friction products for automobiles and trucks, in radiation-shielding cement around nuclear power plants, in glass ceramics, and in multiple medical applications. With such a broad range of applications and uses it’s no wonder barite has become such an essential mineral in modern industry.
The increasing demand for quality barite has engendered a global gold rush to find and mine this crucial commodity. One of the most promising locations in the world is the Dodge Mine in Zimbabwe. As reported by independent geologists, Dodge Mine holds the highest grade of new barite sources to be brought into commercial production in years. The multiple barite deposits are considered to be world class in quality and highly efficient to mine. There’s an avenue to potentially capitalize on this barite bonanza.
Mabwe Minerals, a subsidiary of Raptor Resources Holdings, expects to immediately begin mining the world class barite deposits at Dodge Mine. MBMI’s affiliate owns 100% of the mineral rights to Dodge Mine and their strategic global partnerships have already delivered the company large purchase orders for this essential mineral. MBMI recently won important environmental permits from the government clearing the way to begin mining. With barite demand on the upswing and prices climbing for quality material, MBMI could deliver not just essential minerals but significant profit potential.
For more information, visit http://mabweminerals.com
About QualityStocks
QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. We offer several ways for investors to find, evaluate, and learn more about investing in these companies.
Sign up for “The QualityStocks Daily Newsletter” at www.QualityStocks.net
The Quality Stocks Daily Blog http://blog.qualitystocks.net
The Quality Stocks Daily Videos http://videocharts.qualitystocks.net
The Quality Stocks “Ones to Watch” http://gotstocks.qualitystocks.net
Please see disclaimer on the QualityStocks website: http://disclaimer.qualitystocks.net
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment