KUNOOZ GYPSUM

Kunooz Gypsum is wholly owned subsidiary of Kunooz Oman Holding, the company is based in Salalah and has been granted mining leases to carry out exploration and gypsum open pit mining near Raweya, 75Kms from Salalah on the Thrumrait Road. The first mining lease was obtained in 2007 and the ground work commenced in May 2010. Formal mining operations started from October 2010 and the first export shipment in January, 2011. The rights for a second mining lease was acquired through acquisition in 2011 and merged with the company's first lease on 1st January 2014. Gypsum exports have risen from 0.5MT in 2011 to plus 2MT in 2015 matching mine production of 2.3MT/year.