Trimex Group will start commercial production at Srikurmam Mineral Sands Project
Trimex Group is all set to initiate the commercial production at its Srikurmam Mineral Sands Project in Srikakulam district of Andhra Pradesh, which will be officially inaugurated by Chief Minister of the state, Dr. K Rosaiah. Trimex Group is a leading company which provides quality industrial minerals via specialised value chain.
The mineral extracting unit is state-of-the-art customised entity, where the organisation is responsible for extracting, processing and producing 200,000 tonne of ilmenite, 6,000 tonnes each of Rutile, Zircon and Garnet along with 50,000 tonne of Sillimanite every year. This project adds a jewel in crown of the state regarding the development of natural resources.
The products from this project are used in the manufacturing of paints, ceramics, abrasives, insulation, cosmetics, paper, leather, glass products, artificial gems, aircraft parts, artificial human joints, and filtration media, among others.
The successful initial phase of the project required an investment of INR 250 crore for pilot studies; bulk samples; extensive hydrology; extensive environmental, social and public perception studies; complete detailed engineering; and the finalization of the mining license agreement with the government and private land owners. The company has acquired the mining lease for 7.2 square kilometers in the coastline of Srikakulam for 30 years from the date of the lease award, renewable for another 30 years.
Trimex Group Chairman Prasad Koneru said that the project has already created significant employment opportunities in the region. “The Srikurmam project demonstrates that environmental sustainability, land conservation, and fast economic growth can coexist. We believe that the plant has established an important enviro-economic precedent for mineral extraction projects. I am confident this project will make a sustainable economic and social contribution to the region,” Prasad Koneru said.
Trimex Group Executive Director Pradeep Koneru said that the Srikurmam project is an important milestone for the group and the minerals extraction industry. “Our mission is to be among the world’s largest producers of top quality industrial heavy minerals. We are confident that our fully-integrated multi-mineral separation and processing complex has few equals even among global peers in terms of ambition and quality,” Pradeep Koneru said.
ABOUT TRIMEX GROUP
Founded in 1985 in the UAE , the Trimex Group was launched to fill the demand supply gap for quality industrial minerals to the oil drilling industry. The organization has since grown into a leading minerals and metals conglomerate with interests in all areas of the minerals supply chain, from mining and logistics to processing and research & development.
- Previous Saving language means saving culture : Jignesh Shah
- Next Dr. K Rosaiah inaugurated Trimex Group owned Srikurman Mineral Sands project