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Luxembourg,Oman : TRAXYS, OMANs SPMP enter into antimony supply deal.

Luxembourg-based Traxys Europe has entered into a contract with Omans Strategic and Precious Metals Processing (SPMP).

SPMP is a partnership that will deliver antimony-gold concentrates to the Oman Antimony Roaster (OAR), which is being constructed in the freezone of the SOHAR Port.

Under the partnership programme, SPMP can access Traxys resources and global expertise on minor metal concentrate sourcing and supply chain logistics management.

Emin Eyi, chief executive of SPMP, said: Work has already commenced with the Traxys team in identifying and approaching major suppliers of antimony and antimony-gold concentrates at a time when some 50 per cent of Chinas antimony smelters are shuttered pending environmental concerns.

The Oman Antimony Roaster, SPMPs joint-venture project, to be a commercial plant, with a capacity to generate nearly 20,000 tonnes of antimony products yearly and recover over 50,000 ounces of associated gold.

Traxys, operating over 20 offices globally, offer logistics and supply chain management solutions of base metals and concentrates, minor and alloying metals, industrial minerals, chemicals and materials for steel mills for different customers.

According to SPMP, after the OAR project is completed, Oman would meet the demand for antimony products from worldwide customers.

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Publication:Mena Report
Geographic Code:7OMAN
Date:Jun 22, 2017
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