Export opportunity in Oman for Oman Copper Smelter Project – Feasibility study, technical support, operator and investment partner

Austrade has identified a possible export lead identified by Austrade’s office in Riyadh. The details of this lead are below and we invite you to review these requirements and assess whether your business can supply the products or services requested as specified

Austrade reference: OPP10011681

Response deadline:  15/08/2018

The customer is seeking the following product/service:

Customer is seeking an Australian partner(s) with capabilities in feasibility study, technical support, operator and investment for a copper smelter project which includes both existing operations and a new production site. Mineral Development Oman has initiated to co-operate with local copper asset owners in Oman for evaluating the feasibility of a Centralised Smelter based on the concentrate supply from individual facilities. The idea is to complete the value chain for supply of copper rods to local cable industry in Oman which has significant presence in the GCC. This would involve the partner evaluating the  feasibility of setting up a smelter, refining plant and a casting & rolling mill. The envisaged capacity for the cathode production is around 100,000 MT/ year. Minerals Development Oman will concurrently pursue investment in a downstream copper rod plant of similar capacity.

This would mean concentrate requirements of around 450,000 t/ year for a project life of 20 to 25 Years. Local concentrator plants would be in a position to supply 100,000 t/ year ( Cu content of 22 %) starting 2021/22. The balance of the concentrate will have to be imported.

Minerals Development Oman would be interested in partnering with an established copper smelting and refining industry player with capability to source concentrate internationally at competitive rates apart from providing technical and operational support to the proposed smelter in Oman. Investment by the potential partner in the envisaged project in Oman would be preferred.

Some background on the customer seeking the product/service is below:
Minerals Development Oman (MDO) is an Omani closed joint stock Company founded for the purpose of contributing to the development of the Omani mining sector by investing directly in or enabling various projects across a range of material commodities and value chains.
MDO was established per a memorandum of understanding signed in January 2016 by its founding sponsors; The State General Reserve Fund (SGRF), Oman Investment Fund (OIF), Oman Oil Company SAOC (OOC) and Oman National Investments Development Company SAOC (TANMIA).

To be successful with this opportunity, please note the following factors:
Financial and Technical Capability

Supplier Response Form: HERE

Coordinating Austrade Adviser

Name: Melissa Reader

Title: Adviser

Email: Melissa.Reader@austrade.gov.au

Tel: +61 3 9648 3175

Terms and Conditions

It is important that you familiarise yourself with the terms and conditions of Austrade’s opportunity process before responding to this opportunity.  The terms and conditions outline the eligibility criteria for responding and further information from Austrade on what you can expect if you respond to this opportunity.  Read the terms and conditions on Austrade’s website here.