is a partnership of Oman Investment Fund (OIF), a sovereign wealth fund of the Sultanate, with a 40 per cent equity interest in the company; Tri-Star Resources, a London-based mining development firm, also with a 40 per cent stake; and DNR Industrials Ltd, part of Dubai-based investment and project development corporation Dutco Group of Companies (Dutco), with the balance 20 per cent.
Under the partnership programme, SPMP
can access Traxys resources and global expertise on minor metal concentrate sourcing and supply chain logistics management.
Financial close of the Roaster Project will enable SPMP
to move on to the detailed engineering and technical work required in order to commence construction.
Jamil El Jaroudi, CEO of Bank Nizwa alongside SPMP
partners Sheikh Hassan bin Ahmed Al Nabhani, CEO of Oman Investment Fund; Emin Eyi, Managing Director of Tri-Star Resources and Jason Peers, Director of Castell Investments Ltd.
Jamil el-Jaroudi, CEO of Bank Nizwa alongside SPMP
partners, namely Sheikh Hassan bin Ahmed al-Nabhani, CEO of Oman Investment Fund, Emin Eyi, Managing Director of Tri-Star Resources and Jason Peers, Director of Castell Investments Ltd.
will be incorporated in the Sohar Free Trade Zone, Oman.
The power of SPMPs
is determined by the secondary loop ChW flow rate, pumping system total efficiency, and pressure drop of the secondary distribution system including pipe friction and valve losses.
Three hydraulic coefficients (e1, e2, and e3) are regressed from trended data corresponding to one, two, or three SPMP
As per the agreement, SPMP
will get access to the global expertise provided by Traxys on minor metal concentrate sourcing and supply chain logistics management.
Under this agreement, SPMP
will gain access to the global expertise offered by Traxys on minor metal concentrate sourcing and supply chain logistics management.
is expected to build a 20,000 tonnes per annum nameplate capacity antimony metal and tri-oxide manufacturing facility on a leased plot of 22-hectare plot in Freezone Sohar, where the company is to be based.
As the return temperature is close to the ambient temperature and the PPMP head is much smaller than SPMP
head, the temperature rise can be neglected: