Drilling for profit

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The head of a new company in RAK is drawing on the region’s mining experience.

The government of Ras Al Khaimah has been mining for around forty years. Earlier this year it formed a new company with the aim of using local experience to mine abroad. We dropped in on RMMI Managing Director Madhu Koneru to find out about the technology and plant involved in such an operation.

Where are you mining, and for what minerals?

We've got some copper and cobalt in Congo. We've got some clay in Indonesia, which is used by RAK Ceramics for the clay manufacturing.

Also, mining in Thailand, which again is used for ceramic tiles. We have just opened some mines in Armenia which is for copper again.

We are looking at some resources in Indonesia which helps us finalise something we are doing this year.

What particular items are you finding in short supply at the moment?

All the processing equipment you can find the resources and you can find a market for it but then .you need machinery for that. The machines are made of steel. To make steel you need energy, which comes back to resources.

What sort of processing machinery have you been buying?

Crushers, Conveyer belts to transport the product into hoppers. It's all (the mechanical components).

Where do you buy from?

It is mixed. The equipment in Congo, for example, has come from Finland and we have got some crushers that came from China.

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