Madhu Koneru, Trimex Group Brochure
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Madhu Koneru, Trimex Group Brochure

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Madhu Koneru, Executive Director, Trimex Group Company Brochure

Madhu Koneru, Executive Director, Trimex Group Company Brochure

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    Madhu Koneru, Trimex Group Brochure Madhu Koneru, Trimex Group Brochure Presentation Transcript

    • www.trimexgroup.com A Global Minerals and Metals Conglomerate Trimex Tower, No.1 Subbaraya Avenue C.P. Ramaswamy Road, Alwarpet Chennai 600 018, INDIA Tel: +91 44 2498 8822 34th Floor, Gold Tower Jumeirah Lakes Towers P.O. Box 17056, Dubai, UAE Tel: +971 4 430 8844 Plaza Marein Tower, 20th Floor Sudirman Plaza, Jl.Jend.Sudirman Kav. 76-78 Jakarta - Selatan 12910, INDONESIA Tel: +62 5793 7050 # 08-01, Straits Trading Building 9 Battery Road SINGAPORE 049910 Tel: +65 6325 0161
    • Our philosophy be bold be first be different
    • Three Decades of Visionary Leadership Founded in 1985 by Mr. Prasad Koneru, a pioneering figure in the minerals business since 1973, Trimex Group was established to fill the demand-supply gap for quality industrial minerals to the oil drilling industry. Three decades on, the Group has evolved into one of the world’s leading minerals and metals conglomerate with interests in all areas of the minerals supply chain, from mining and logistics to processing and research & development. Located in India, Indonesia, Singapore and UAE, the Group’s outstanding success is the result of strategic diversification through forward and backward integration across all aspects of the mineral value chain, leading to an exponential growth in assets and market capitalization in the last decade. With its visionary leadership and dedication to excellence, the Group continues to strengthen its leadership position by prospecting, mining, sourcing, processing, shipping and delivering minerals and metals to the region’s leading oil drilling, ceramic, glass, construction, energy and fertiliser organisations. 30 Years Sourcing | Processing | Delivering 30 Different Minerals
    • Mining R&D Turnkey Solutions Industrial Minerals, Heavy Minerals & Metals Processing Shipping Trading
    • Trimex - The journey to success 2010 Inauguration of Trimex Sands Heavy mineral separation project in India. Srikurmam Mineral Sands project commissioned. Started commercial production in June. 2009 Established MEC, one of the largest greenfield coal mine developments in Asia. Obtained the license to build Indonesia’s first private railway, 130 kms from the mines to the loading jetty. 2008 JV agreement between LAVIOSA CHIMICA MINERARIA S.P.A., Italy & Trimex Industries (P) Ltd. in April. Trimex Sands granted Prospecting licenses in March for 40 sq kms area (Kalingapatnam & Bhavanapadu deposits covering 20 sq kms each). 2006 Formed RAK Minerals and Metals Investments, for minerals and base metals. Formed RAKINDO, a JV with RAKEEN, for Real Estate development in India. 2004 Construction starts for the processing plant in Kuwait. Group expands into Heavy Minerals with Trimex Sands. First mining lease for Srikurmam deposit granted in Feb for an area of 7.2 sq kms Vatsavalsa & Tonangi villages of Gara Mandal, Srikakulam District, Andhra Pradesh, India. 2002 Group ventures into real estate business in India. 2001 MOU with AP Govt during partnership summit for development of beach sand deposits. 1999 100% expansion of the grinding unit at Jebel Ali, Dubai. Group turnover touches USD 100 million. 1997 First processing plant established in Jebel Ali, Dubai. 1995 Trade touches a million tons, positioning Trimex as a leading player. 1991 All Middle East operations shifted to Dubai from Abu Dhabi. 1988 Established Trimex Industries, India backward integration strategy. 1985 Founded by Mr. Prasad Koneru, in Abu Dhabi, UAE.
    • The Group Trimex Industries Trimex India Trimex Sands Trimex Trading Trimex International Iron Ore Bauxite Barite Ilmenite (TiO2) Zircon Rutile Sillimanite Garnet Sand Iron Ore Rock Phosphate Bentonite Barite Trimex Barite & Bentonite Processing Trimex Group Ceramin Ball Clay Potash Feldspar Soda RMM Copper Gold Cobalt MEC Coal RAK Minerals & Metals Investments Coal Railway Port Minerals, Energy & Commodities(MEC) Foundation Global Presence Armenia | Congo | India | Indonesia | Kuwait | Singapore | Thailand | United Arab Emirates
    • Trimex India Trimex Industries Trimex Industries commenced operations in 1985 to manage group assets in India. It started by focusing on the production and export of Barite and Bentonite, and has since expanded its mineral operations including a recent foray into the extraction of heavy minerals via Trimex Sands. Trimex Industries mines and procures raw materials from various mines and processes them to meet customer requirements. It provides the equipment, infrastructure, manpower and logistics to improve production efficiency. Currently, Trimex Industries holds mineral sales agreements for a number of Iron Ore and Bauxite mines. It produces more than 1.2 million tons of Iron Ore and 300,000 metric tons of Bauxite per annum. The company is also developing processing hubs to handle and process Barite, Bentonite and Calcium Carbonate.
    • Trimex Sands Trimex Sands was formed to harness the rich heavy minerals in the beach sands on the east coast of India. Granted a mining lease of 7.2 sq kms stretch of coastline in the Srikakulam district of Andhra Pradesh, the company has set up Mining and Mineral separation facilities in Srikakulam, Andhra Pradesh to produce various heavy minerals like Ilmenite (200,000 TPA), Rutile (6,000 TPA), Zircon (5,000 TPA), Garnet (39,000 TPA) and Sillimanite (46,000 TPA) from beach sands based on the Srikurmam deposit. The Company is now expanding their business interest at Kalingapatnam-Bhavanapadu Mineral Deposit, adjacent to Srikurmam deposit. Granted the prospecting license for 40 sq kms at Kalingapatnam-Bhavanapadu, it has completed prospecting within the granted area and based on the Prospecting report has applied for mining lease which is under process. The detailed feasibility study has been commissioned for beneficiating 300,000 MTPA of Ilmenite with SRK Consultants, U.K and Bateman Minerals, South Africa. Project execution is expected to commence mid 2011. The Group identified Titanium related business as ‘Opportunity of the future’. Having already invested USD 555 mn in Phase-I of the Mining and Mineral Separation project and after successful commissioning of the plant, it now plans to set up an Integrated World Class Titanium Complex in the state of Andhra Pradesh. The vision involves mining, separation of Ilmenite and other Co-minerals, production of TiO2 Pigment and further value addition to Ti-Metal, currently being produced in CIS countries, USA, Japan & China. The company plans to set up the above facilities in Phases until fiscal 2017-18. It has already finalised plans for USD 9 bn investment. The investment will go towards the expansion of extraction areas, increase of processing capacity, technology up-gradation and research & development of high value and premium products, thereby fulfilling the Group’s vision of becoming Asia’s largest Industrial Minerals Business House through a fully integrated value chain.
    • The International Operations Trimex International was incorporated in Dubai in 1985. Initially, the organisation was involved in the trading of industrial minerals in the Gulf and international markets. Under Mr. Madhu Koneru, Trimex International has grown rapidly through diversification and vertical integration, which included mining, processing and the creation of strategic joint ventures to cater to specific business needs. Trimex Trading Trimex Trading trades in Barite, Bentonite, Bauxite, Gypsum, Dolomite, Rock Phosphate, Iron Ore and other such industrial minerals for the oil drilling, cement, ceramic, glass, fertilisers, iron & steel industries. Its client base comprises of world leaders like Halliburton, Schlumberger, Hindustan Lever, Coromondel Fertilisers Ltd., NPCC Abu Dhabi among many others. Trimex Processing Trimex Processing has two plants in the Middle East, one in Kuwait and the other in Ras Al Khaimah. Both hubs process ore sourced from around the world and then ship the high quality product to countries across the region. The UAE plant is equipped with a world-class laboratory, fitted with latest equipment for quality control and research & development, and has been awarded ISO 9001 : 2000. The company is currently in the process of setting up similar processing plants in the Far East. Ceramin Ceramin provides turnkey minerals solutions for the ceramics industry, delivering Kaolin, Ball Clay and Feldspar to ceramic manufacturers throughout the Middle East, Far East and Europe. From surveying and exploration to mining and processing, Ceramin’s vision is to deliver cost-effective regional resources for the ceramics industry. It owns Sodium and Potassium Feldspar processing plants in Thailand, UAE and India. It processes Kaolin and Ball Clay in Indonesia. In addition, the company has state-of-art Zircon micronising plant (Opacifier grade) in Ras Al Khaimah, UAE, with a production capacity of 13000 mt per year.
    • Joint Initiatives RAK Minerals & Metals Investments Rak Minerals and Metals Investments (RMMI) is the result of a strong partnership between RAK Investment Authority (RAKIA) and Trimex Group. It was founded as part of the RAK Government’s strategy to cater to the growing demand for mineral and metal resources for the Emirate’s various industrial ventures, and to identify emerging opportunities worldwide. RMMI today is a holding company with two subsidiaries RAK Coal & Energy and RAK Minerals & Metals. RAK Coal & Energy Rak Coal and Energy is pursuing opportunities to own major coal mines in the Asia-Pacific region. Coal mined from this region will be shipped to the UAE for conversion into energy resources. RAK Minerals & Metals (Congo & Armenia) RMM is a venture founded to pursue opportunities in base metals and minerals, such as Copper, Lead, Zinc, Limestone and Aggregates. The company has currently identified significant opportunities in the Democratic Republic of Congo, primarily in the mining and processing of Copper, Limestone and Aggregates. Significant stakes have been acquired in two companies holding vast Copper mines, and one company with mining concessions for Limestone and Aggregate. The company has also acquired controlling stake in large Copper mines in Armenia and is in the process of setting up a Copper smelter in the region.
    • Energy & Infrastructure Minerals, Energy & Commodities(MEC) MEC is leading the development of an integrated infrastructure and industrial complex in East Kalimantan Province of Indonesia. This is part of MEC’s long-term strategy that will sustainably utilize resources, encourage economic growth, create over 5000 local jobs and raise living standards in the region. The project includes the development of one of Asia’s largest greenfield coal mines, building Indonesia’s first private railway, and an industrial port that will facilitate commodities shipping throughout the region. The diversified industrial complex will include: Coal Mine Located in Muara Wahau with 1.5 - 2 bn metric tons in coal resources and a production capacity of 34 mn tons per annum Power Plant Railway The first private rail line in Indonesia, with an investment of USD 1 bn, between Muara Wahau and Bengalon Railway Aluminium Smelter Fertilizer Plant Port An industrial port terminal in Bengalon to be built with USD 250 mn investment, to facilitate commodities shipping throughout Asia Pacific region Agriculture Power Plant Possible Future Development Port USD 1.5 bn investment in partnership with NALCO. The 1,400 megawatt power plant will transform power supply in the region Aluminum Smelter USD 2 bn investment with NALCO to build 500,000 tons p.a. capacity aluminum smelter, will ensure a diversified industrial growth in East Kalimantan. Founded by Madhu Koneru, MEC Foundation is pioneering a new model for growth, community development and mutual benefit. MEC Foundation is committed to long-term, holistic, sustainable development in Indonesia. In September 2010 MEC announced a Commitment to Action through the Clinton Global Initiative. Madhu Koneru joined former president Bill Clinton and numerous public and private sector leaders in New York City to announce “Holistic Sustainable Development for East Kutai” Commitment to Action that is targeted at residents of 15 villages in East Kutai in East Kalimantan, Indonesia. The program is intended to offer residents greater access to clean drinking water, healthcare through the use of free medical clinics and education.
    • MEC Coal MEC, in partnership with the Ras Al Khaimah Investment Authority, has established MEC Coal to develop one of the largest greenfield coal mines in Asia, located in East Kalimantan, Indonesia. MEC Coal, through its Indonesian subsidiary PT Tekno Orbit Persada, has thermal coal resources of Approx 1.5 - 2 bn metric tons with an upward potential of an additional 2 bn MT within the East Kutai regency of East Kalimantan province. The current reserve of approximately 700 MT is hosted in two adjoining coal blocks, which have the potential to produce 17 mn metric tons per annum (MTPA) each during the first phase of production. The Exploration license for the 5000 hectares of land is acquired, Definitive Feasibility Study (DFS), Bankable Feasibility Study, Environmental Study and land acquisition are already completed. The coal reserve here comprise vast resources of thermal coal with low sulphur and ash content, an open pit with single seam operation of 33 meters deep (mean thickness), an overall strip ratio of approximately 1.3 in both blocks and 90% of seams cored having recoveries exceeding 95%.
    • A commitment towards the community The Trimex Group believes in a holistic, integrated approach to business with long-term perspective, comprehensive development, social justice and sustainability in mind. The Group’s goals are aligned with larger societal goals, such as infrastructure development, creating job opportunities and attracting further investment. Around the world, the Group and its companies are working relentlessly to create a positive difference by engaging with residents at a local level. Trimex Sands is pioneering the Group’s efforts in India by raising living standards in the 10 villages surrounding its operations in Andhra Pradesh. The efforts include: • Offering employment and training to the local community. • Providing tube lights, bulbs and other fittings to ensure that every house in all the 10 villages has adequate lighting. • In the process of improving connecting roads between villages and larger, all-weather roads in the area. • Establishing a medical clinic and setting up two camps to screen villagers for pre-existing medical conditions. Nearly 800 villagers already screened. • Repairing religious buildings and funeral facilities using company’s funding. • Constructing a compound wall at a primary village school and providing school bags to nearly 800 children. In Indonesia, Trimex Group subsidiary MEC has made a Commitment to Action through the Clinton Global Initiative that will serve as the initial step in a long-term community development plan in the country’s East Kalimantan province.The commitment, Holistic Sustainable Development for East Kutai, is targeted at residents of 15 villages in East Kalimantan. Working through its corporate foundation, Yayasan MEC, the company intends to deliver: • Improved access to clean drinking water. • Wider availability of healthcare through medical clinics. • Greater educational opportunities through the provision of bus transportation for school children. MEC has also provided USD 500,000 sponsorship to Indonesia’s Pintar charity, which works to increase educational opportunities for underprivileged youths. By working hand-in-hand with the community, MEC envisages creating a win-win environment.
    • What sets us apart Our people We believe in expertise and experience that resonate across the organisation. We seek to hire the best, and we provide each of them with the opportunity and the freedom to apply their skills, reach their full potential and in so doing, exceed expectations. Investment in R&D We believe in achieving excellence by constantly and proactively seeking new grounds. We are innovators, and our investment in the latest technology and sharpest minds bears testament to this philosophy. Customer Centricity We are resolutely focused on the needs of the end user. From the remotest mines right to our customers’ doorstep, we dedicate our efforts to delivering better resources more cost effectively. Quality Consciousness The cornerstone of our success is our adherence to the highest quality standards in everything we produce, and in setting industry benchmarks. Dexterity Trimex Group has rapidly expanded over the years because of our ability to venture into uncharted waters, boldly investing in opportunities that others fail to see. Trusting our instincts, we act swiftly and commit to seizing the rewards of viable prospects.
    • Prasad Koneru Founder & Chairman Prasad Koneru is the Founder-Chairman and Chief Mentor of the Trimex Group that has global business operations across three business lines - Mining, Processing and Trading. He is currently guiding the group into new verticals & businesses. With wide ranging experience across several industry sectors spanning industrial raw minerals, real estate development, trading, shipping and logistics, Prasad spearheads a group of companies engaged in laterally integrated activities. He is currently the Managing Director of Rakindo Developers Pvt. Ltd. (50 - 50 JV between Trimex Group and Rakeen Pvt Ltd; UAE (PJSC) Company promoted by Government of Ras Al Khaimah). He sincerely believes that all those who work in his Group companies across the globe form his large family. Through the Koneru Prasad Foundation, Prasad is involved in extensive philanthropist activities including setting up free clinics and schools in Andhra Pradesh, India. In addition to his Group’s business, Koneru performs a key role in promoting investments between UAE and India. He liaises between the State Governments in India and UAE and has espoused many such initiatives across various sectors - Manufacturing, Real Estate, IT, etc. With his vast hands-on experience & astute business acumen, Prasad has built the group into becoming a global leader in the field of industrial minerals covering industries like ceramics, oil exploration etc. Trimex Group has recently ventured into heavy metals, processing beach sand on the east coast of India. It is the first private company in India processing heavy minerals like Illuminate, Garnet & Zircon. Prasad’s global business vision and deep sense of understanding of major opportunities in various verticals has driven the Group to foray into Real Estate & Infrastructure. His vision of a green, healthy living has seen the birth of a revolutionary entity in RAKINDO - a real estate JV with the Government of Ras Al Khaimah, primarily focusing on development of large, self-contained integrated townships with world-class standards and amenities in various parts of India. The turnover is expected to cross USD 5 bn in the next 5 years. Madhu Koneru Group Executive Director Madhu Koneru played an integral role in transforming the Trimex Group as one of the top specialty value chain providers of industrial minerals for the global markets. As Executive Vice Chairman of MEC, Madhu leads pioneering investments in Indonesia. MEC’s USD 5 billion development of integrated industrial facilities includes building Indonesia’s first private railway, a 130 kilometer-long line and developing one of the largest greenfield coal mines in Asia, in East Kalimantan Province of Indonesia. MEC will transform East Kalimantan Province into a model for the future of Indonesia. Prior to establishing MEC, Madhu’s involvement in the Group’s core business activities has seen RAK Minerals and Metals Investments (RMMI), a JV between the Ras Al Khaimah Investment Authority and Trimex, evolve into a trans-global USD 2 billion conglomerate, expanding into Africa, Europe, India and the Middle East. His business acumen was instrumental in developing the strategic partnerships that ultimately led to MEC’s launch. Madhu is a member of the Board of Directors of RMMI, Padaeng Industries PLC, a zinc mining and smelter company that owns the only zinc smelter plant in South-east Asia and Al Ghanem Industrial Company in Kuwait. He is also a member of the Clinton Global Initiative.
    • Pradeep Koneru Executive Director and CEO Trimex Industries Pradeep Koneru has been instrumental in the development of the Iron Ore, Barite and Bauxite businesses for the Trimex Group. He has successfully transformed the company from a trading-focused firm to a mining and processing entity. Under his leadership, Trimex has established itself as the preferred supplier of various industrial minerals across the globe and has seen robust growth with its annual turnover increasing multifold. The company has received the Special Export Award from Capexil for three consecutive years from 2004 to 2006. In 2009, Trimex was also confered with the Niryat Shree Gold Trophy by the Federation of Indian Export Organisations for its outstanding performance in the industry. Having identified Titanium as the metal of the future, Pradeep initiated the Heavy Mineral Sand mining project, for the extraction and separation of mineral rich beach sands. His strategic guidance led to the setting up of a world class project at Srikakulam town in Andhra Pradesh. This project is the first of its kind that is being developed by a private sector company with cutting edge extraction, processing, and enviro-sustainability technologies. Pradeep has been responsible in establishing joint ventures with both public and private sector companies. He introduced an element of value addition to the mining and processing areas and spearheaded Trimex Group’s expansion into the heavy mineral sand mining industry. Pradeep is currently the Executive Director for Trimex Industries and Trimex Sands. In addition, he is also the Director for Pradeep Shipping and Logistics.