Raptor Resources
Holdings focuses on the acquisition, exploration and development of mineral
resources through the operations of its two subsidiaries: Mabwe Minerals Inc.
(OTCQB: MBMI), a publicly traded natural resources and hard asset company
engaged in the mining and commercial sales of industrial minerals and metals,
primarily focused on barite and limestone; and TAG Minerals, a mineral &
metal resource acquisition, exploration and development company targeting
viable hard assets, seasoned mining companies and developing greenfield
resources.
Raptor has taken
significant measures to advance Mabwe Minerals as a recognized supplier of
barite. The company’s Dodge Mine property in Zimbabwe is a series of
hydrothermal mountains comprised of several deposits of superior grade barite,
limestone and talc.
Mining production
efficiency leverages Mabwe Minerals’ customized equipment and network of
strategic partnerships that work in symphony to capture large percentages of
salvageable barite, including bright-white, off-white and API grades. In
addition to access to an established network of barite customers, Mabwe
Minerals also has a 3 million ton long-term master supplier agreement for API
grade barite with Baker Hughes, Inc. (NYSE: BHI).
Demand for
high-grade barite stems from its wide range of applications. Players in the oil
and gas industry value the mineral’s use as a weighting agent for drilling
fluids in oil and gas drilling operations. The mineral also has applications in
the medical, paint and automotive arenas.
Raptor Resources has
guided Mabwe Minerals into the position as a one-stop commercial source of
barite, for which worldwide demand continues to grow.
For more information
visit www.raptorresourcesholdings.com
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