Mabwe Minerals Inc. (MBMI) Delivering on Wide Array of Barite Opportunities
Mabwe Minerals is a natural resources and hard asset company engaged in the mining and commercial sale of industrial minerals with a primary focus on barite and limestone. The company is a majority-owned subsidiary of Raptor Resources Holdings. Barite is primarily used in the oil & gas drilling sector where American Petroleum Institute (API) grade barite is used as a weighting agent to offset formation pressures preventing well collapse during the drilling process. Bright-white grade barite is vital in the use of paint pigmentation ensuring color consistency from lot to lot. In addition, because of Barite’s ability to absorb x-rays…