Strategic & Precious Metals Processing LLC, an Omani company, was formed in June 2014 to develop and build the Oman Antimony Roaster within the Port of Sohar Free Zone in the Sultanate of Oman. Tri-Star has a 40% equity interest in SPMP, with the other joint venture partners being; Oman Investment Fund and DNR Industries Limited.
During 2014 and the first half of 2015, the Company worked closely with its joint venture partners in SPMP to progress the legal, engineering and environmental due diligence work streams associated with the project. The process moved on to the finalisation of the banking documentation in August 2015 and ultimately successful financial close of SPMP in September 2015. The OAR is currently under construction.
Facility layout SPMP Board on site in Sohar, 24 October 2016
25 tonne crane inspection Construction offices