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Trimex Group
Founded in 1985 by Prasad Koneru, a mainstay of the minerals business since 1973, Trimex Group was launched to fill the demand supply gap for quality industrial minerals to the oil drilling industry. A noted visionary, Mr Prasad’s organisation 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.
Located in UAE and India, the group has grown in assets and market capitalisation several times over within the past decade. Trimex’s outstanding success is the result of strategic diversification through forward and backward integration, which looks at all aspects of the mineral value chain.
Trimex Group today is one of the region’s largest mineral and metal conglomerate. The company prospects, mines, sources, processes and delivers minerals and metals to the world’s leading oil drilling, ceramic, glass, construction, energy and fertilizer industries.
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Press Release
There are some good takeover opportunities emerging in the resource sector, notes Madhu Koneru, MD at RAK Minerals & Metals Investments. He tells CNBC's Martin Soong, Sri Jegarajah & Karen Tso how he is sifting the good buys from the bad. Details >>
Trimex International is set to invest $1.5 billion into mining operations in Indonesia this year, despite concerns that Indonesia may want a bigger share of its natural resources. Madhu Koneru, its executive director explains the firm's move, with CNBC's Martin Soong. Details >>
Dubai's RAK Minerals & Metals Investments has acquired an Armenian copper mine to expand into Eastern Europe. MD Madhu Koneru tells CNBC's Martin Soong how the acquisition is being funded & his company's expansion plans. Details >>
New highs in commodity prices such as oil, gold and silver, have helped maintain the bullish outlook for RAK Minerals & Metals. The firm's MD, Madhu Konerum, discusses the impact with Peter McGuire, MD of Commodity Warrants Australia, with CNBC's Amanda Drury and Sri Jegarajah. Details >>
Madhu Koneru, managing director of RAK Minerals & Metals, shares his strategy with CNBC's Amanda Drury, Sri Jegarajah & guest host Peter McGuire of Commodity Warrants Australia, about the challenges and outlook for the company. Details >>
Mr. Madhu Koneru with the President of Indonesia at IPI golf event in July 2009. Details >>
"TRIMEX Industries will look at acquiring mineral assets in countries such as Australia and South Africa, whose valuations have declined considerably due to the worldwide economic slowdown" TRIMEX Industries Executive Director, Mr Pradeep Koneru said. Details >>
Mr. Pradeep Koneru, Executive Director of Trimex Industries shares the investment plans in ilmenite mining. Details >>
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