About Us
Our Story & Mission
Established 2007 — Ghala, Muscat, Sultanate of Oman
Company Overview
Hard Rocks was registered and incorporated in Muscat, Sultanate of Oman on 25th January 2007 and has its offices at Ghala Industrial Area with Sheikh Ahmed Al Mahrizi as the CEO & Chairman.
Hard Rocks is a responsible company with the sole aim of investing in mineral deposits in all its concession areas, so as to transform it to the benefits of the industry and nation. We are committed to the details of our operations and that the specific phases and yearly work programs are proposed to the Ministry of Energy & Environment.
We believe that our people and outside network is our net worth and we keep faith with this mantra and will seek at all times to demonstrate that every success we record reflects in our reputation, which makes our track record second to none.
Hard Rocks acquired an exploration licence in Madha, Al Mudaibi District for the purpose of exploring and eventual economic extraction of Chromite. This was necessitated by prior knowledge and evidence of Chromium mineralization in the area, based on previous exploration undertaken by a well-known private company who was not able to continue due to the challenges faced in the mine. This led to the opportunity for Hard Rocks to take over the mine.
Hard Rocks Mining is financially resourced to undertake all its exploration exercises through to extraction. Additional funds are always available as and when needed, both locally and internationally.
Our Vision
To be the leading partner of choice for clients active in the mining sector, both in Oman and across the GCC region.
Our Mission
Our Mission is built for the future of Oman, with optimism and with excellence. We know what we need to do to achieve this, and we know we can deliver. Our countless successful projects and satisfied clients speak for the value we add.
Our Building Blocks to Success
Building on Expertise
We have the right strategy, talent and capabilities to shape and expand the future of the mining landscape in Oman.
Growing in a Dynamic Sector
Mining is an essential and attractive growth market. We are confident in our ability to innovate and grow faster than the market.
Investing in Innovation
Prioritised investments in Exploration, R&D and commercial excellence will drive our next phase of growth.
Creating Shareholder Value
Well-positioned to deliver through revenue growth, strategic investments, margin expansion and capital return.
Our Strategic Priorities
Lead Through Innovation
Lead through innovation across our diverse mining portfolio.
Mine with Excellence
Mine with excellence and agility in every operation.
Robust Assets & TPM
Power our business through robust assets and total productive maintenance.
Support Our Workforce
Support a workforce where our colleagues can thrive.
Exceptional Experience
Deliver an exceptional experience to delight our clients and partners.
Advance Sustainability
Advance sustainability in mining for a better future.
Asset Integrity & Expertise
Robust TPM Program
In-house maintenance workshop ensuring equipment reliability.
Stronger Supplier Relations
Preferred supplier list for machine equipment and parts.
Long Life Assets
Usage beyond depreciation period through disciplined maintenance.
Parts Optimization
Quality and cost optimization program for all key components.
Company Profile
Founded
2007
Headquarters
Ghala, Muscat, Oman
Capacity
144,000 tons/year
Core Business
Chromite Mining
Approximate Reserves
$300
Cost Per Ton (USD)
Extended
Years Mine Life
High
Purity Quality
Our Three to Five-Year Outlook
Grow Revenue
- Grow revenue faster than the market
- Broaden existing billion-dollar franchises
- Expand across attractive emerging markets
- Accelerate commercial excellence
Invest in Innovation
- Prioritize R&D in highest ROI opportunities
- Increase safety standards to best in class
- Deliver great value to clients and end-users
Increase Net Income
- Expand revenue in higher margin categories
- Leverage scale to drive bottom line
- Optimize and simplify to increase productivity
Return Capital
- Reinvest in the business to drive growth
- Target strategic business development
- Grow dividend above adjusted net income
- Continue systematic share buybacks
Key Takeaways
Building on our Know-How
We have the right strategy, talent and capabilities to shape and expand the future of mining in Oman.
Growing in a Resilient Industry
Mining is an essential and attractive growth market, and we are confident in our ability to innovate and grow faster than the market.
Investing in Innovation
Continued investments in R&D exploration and commercial excellence will drive our next phase of growth.
Creating Shareholder Value
We are well-positioned to deliver through revenue growth, strategic investments, margin expansion and capital return.