Alara’s strategic focus extends to diversification into new...

Alara’s strategic focus extends to diversification into new projects and commodities, with Oman a priority destination for future investment. The company aims is to broaden its horizons beyond copper into other commodities, such as gold, PGE, nickel, chromite, etc, reflecting its commitment to unlocking the full potential of Oman’s treasure trove.

“Setting our exploration and development of new projects in our portfolio. Our aim is to diversify our commodities base beyond copper while we evolve strategic exploration programs and potential partnerships and acquisitions,” Khimji said.

“Adopting a dual approach entails optimising our current operations and expanding our copper portfolio while diversifying into other minerals – predominantly for financial stability and to facilitate growth. By maximising output at the Al Wash-hi project we will secure a revenue stream to empower our exploration and development activities,” she added.

“Diversifying helps to prevent risks associated with market volatility and places us in a stronger position to meet the demands and needs of a green economy.”

“In so doing we will be well prepared to enter the next phase, align our resources and focus on these exciting new objectives”.