Strategic & Precious Metals Processing LLC (SPMP), founded in 2015, is a pivotal player in the antimony production sector and part of a strategic initiative to diversify the economy of the Sultanate of Oman. Situated in the Sohar Industrial Free Zone, SPMP is a joint venture involving prominent stakeholders: the Oman Investment Authority and Tri-Star Resources PLC from London, each holding a 40% stake, alongside Dutco Natural Resources from Dubai with a 20% share.
With its modern metallurgical plant, SPMP is set to become a leading producer of high-purity antimony metal for key industrial applications. Additionally, it manufactures Antimony Trioxide (ATO), crucial for the flame-retardant plastics market. Capitalizing on advantageous logistics, cost-effective energy, and an experienced local workforce, the company aligns with Oman's broader strategy to enhance its non-oil sectors.
