Omani mining company, Gulf Mining Materials Company, opened the country’s first chrome ore beneficiation plant this week at Wadi Mahram in the north east of Oman. When commissioned, the plant will have an intake capacity of 15,000 tonnes per month.
Gulf Mining’s own chromite mine is situated close to the plant although the company says it will also process ore from other mines. It is envisaged that the finished chrome concentrate will be exported principally to companies in China and India.
Gulf Mining began its chromite ore mining operations in 2006, although up to now it has exported its chromite in raw form. The company is also active in laterite quarrying with a laterite quarry at Barka which mines around 30,000 tonnes per month. This is exported to the nearby United Arab Emirates. Marble quarrying is expected to commence shortly.
The opening of the chrome ore beneficiation plant is part of the company’s plan to diversify into value added processes. The company also hopes to begin mining for copper ore, iron ore, kaolin and limestone, among other minerals.
Des Nogalski
Showing posts with label Oman. Show all posts
Showing posts with label Oman. Show all posts
Thursday, February 25, 2010
Thursday, February 18, 2010
India's Indsil In Oman Ferrochrome Joint Venture
India’s Indsil Hydro Power and Manganese and its group sister company, Indsil Energy & Electrochemicals have entered into an arrangement with the Muscat Overseas Group in Oman to set up a form a 50:50 joint venture to set up a 75,000 tpy ferro chrome smelter in the Sultanate of Oman at a cost of US$30 million.
The project would have access to Muscat Overseas’ chrome ore assets in Oman. Indsil will provide the technology, operating and marketing expertise for the project. The share capital would be held equally by both the parties to the joint venture. The project is expected to be operational by the end of 2011.
The project would have access to Muscat Overseas’ chrome ore assets in Oman. Indsil will provide the technology, operating and marketing expertise for the project. The share capital would be held equally by both the parties to the joint venture. The project is expected to be operational by the end of 2011.
Tuesday, March 3, 2009
Foundation Stone Laid At Oman Iron Ore Plant
The Oman Times reports that Ahmed bin Abdulnabi Macki Oman’s minister of national economy and deputy chairman of the Financial Affairs and Energy Resources Council laid the corner stone for the USD 1.4 billion Vale industrial complex comprising a palletizing plant and deep water port at Sohar in Oman.
The function was attended by Maqbool bin Ali Sultan, minister of commerce and industry; Dr Khamis bin Mubarak Al Alawi, minister of transport and communications; Dr Sharifa bint Khalfan bin Nassir Al Yahyaeiyah, minister of social development, undersecretaries and officials of the Batinah region.
Vale is scheduled to go on stream by 2010 end, with an initial capacity of 9 million tonnes per annum at its Sohar plant. The Oman project, spread over an area of 500,000 square meters, comprise the construction of a plant to produce iron ore pellets and a distribution centre with a handling capacity of 40 million tonnes per annum.
Maqbool bin Ali Sultan, while speaking about Vale’s massive investment, said that such industrial projects are part of the government’s initiatives to diversify the sources of income and attract foreign investment. He said that “Ventures of this magnitude will contribute to the development of the country.”
Mr Roger Agnelli CEO of Vale said that the project will create 600 direct jobs. He further said that “Vale is the first Brazilian company to invest in Oman, which will not only help develop the country, but will further cement the Omani Brazilian relationship and boost trade.”
Source: Steel Guru
The function was attended by Maqbool bin Ali Sultan, minister of commerce and industry; Dr Khamis bin Mubarak Al Alawi, minister of transport and communications; Dr Sharifa bint Khalfan bin Nassir Al Yahyaeiyah, minister of social development, undersecretaries and officials of the Batinah region.
Vale is scheduled to go on stream by 2010 end, with an initial capacity of 9 million tonnes per annum at its Sohar plant. The Oman project, spread over an area of 500,000 square meters, comprise the construction of a plant to produce iron ore pellets and a distribution centre with a handling capacity of 40 million tonnes per annum.
Maqbool bin Ali Sultan, while speaking about Vale’s massive investment, said that such industrial projects are part of the government’s initiatives to diversify the sources of income and attract foreign investment. He said that “Ventures of this magnitude will contribute to the development of the country.”
Mr Roger Agnelli CEO of Vale said that the project will create 600 direct jobs. He further said that “Vale is the first Brazilian company to invest in Oman, which will not only help develop the country, but will further cement the Omani Brazilian relationship and boost trade.”
Source: Steel Guru
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