SPMP was established in Oman in 2014 as a joint venture between the Government of Oman through Oman Investment Fund (OIF), now Oman Investment Authority , Tri-Star Resources PLC from the UK and DNR Industries Ltd, part of Dutco Group in Dubai.
SPMP is of national significance as it follows the government’s vision and strategy of economic diversification and increasing the contribution of non-oil sectors. The plant has been developed with the latest technologies and is fully compliant with strict global environmental regulations including EU guidelines, US Environmental Protection Agency regulations and Oman’s Environment Authority rules.
Dutco Group is a Dubai based diverse, multi-faceted organization with interests in Construction, Trading & Manufacturing Oil & Gas and Hospitality sectors. Established in 1947, the Group has grown over the decades to a strong entity employing 20,000 people.
Oman Investment Authority (OIA), established to merge two existing investment funds of the Sultanate which are the State General Reserve Fund (SGRF) and the Oman Investment Fund (OIF) with the objective of encouraging more inward investment into Oman, creating more jobs for Omanis and helping to diversify the economy away from its dependence on oil.
Tri-Star Resources PLC is an integrated antimony and gold mining and mineral processing & minerals technology company, founded by persons with a long history and involvement with antimony, minerals engineering and in the mining and finance industries. The company is listed on the London AIM Stock Market
Sohar, Oman
SPMP is strategically located within the Sohar Industrial Free Zone, about 100km north of Muscat, the capital of Oman. The strategic location brings key advantages for the business, including access to world trade routes through the Sohar Port facility. The existing modern infrastructure combined with the availability of human capital, and strong industrial partners add more strength to our operations.
Oman is located on the southeast coast of the Arabian Peninsula. It is bordered by the UAE to the northwest and Saudi Arabia to the west. The coast is formed by the Arabian Sea on the southeast and the Gulf of Oman on the northeast. The country’s strategic position near established global trade routes and a history of political neutrality is opening up opportunities for Oman in transport, trade, tourism and manufacturing.
Capital: Muscat
Language: Arabic is the official language, but English is widely spoken
Currency: Omani Rial (OMR). OMR 1 is approximately US$ 2.58
Time Zone: GMT +4
Calling Code: +968
Official Working Days: Sunday – Thursday
