# Europa Metals agrees to buy Marula Africa Mining Holdings in reverse takeover

Europa Metals Ltd. has agreed heads of terms to acquire Marula Africa Mining Holdings, gaining control of producing and near-producing assets including the Blesberg lithium and tantalum mine in South Africa, the Kilifi manganese processing plant in Kenya, and the Kinusi copper mine in Tanzania. The deal is structured as a reverse takeover under AIM rules.

- Type: Acquisition
- Announced: 2025-11-06
- Status: announced
- Products: lithium, tantalum, manganese, copper, graphite, rare earth elements
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Marula Mining](https://endata.com/companies/69588.md) (target)
- [Europa Metals Ltd.](https://endata.com/companies/88298.md) (acquirer)
- [Marula Africa Mining Holdings](https://endata.com/companies/88299.md) (target)

## Sources

- [africanminingmarket.com](https://africanminingmarket.com/europa-metals-agrees-heads-of-terms-to-buy-marula-africa-mining-holdings/24156/), 2025-11-06: "The transaction would be classed as a reverse takeover under London's AIM rules, meaning Europa's shares will remain suspended until the deal is completed and the company is readmitted to trading."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.