Government of Ras Al Khaimah, has developed an integrated minerals and metal policy in line with its goal to become a world leading industrial centre.
RAK Minerals and Metals Investments (RMMI), a holding company registered under RAK Investment authority is a joint partnership between two well established organizations with a long history of shared success. RAK Ceramics, one of the world’s leading ceramic producers.
RAK Minerals and Metals pursues opportunity in base and precious metals such as Copper, Cobalt, Lead, Zinc , Silver & Gold and have significant stakes in two companies in Democratic Republic of Congo, holding vast copper mine licenses and a company with mining concessions for minerals such as limestone and aggregates. In a very short span of time RMMI has evolved into a trans-global $2 billion conglomerate, expanding into Africa, Europe, India and Middle East. RMMI is in advanced stages of exploration in its 100% owned mining licenses in Armenia, Eastern Europe for large copper, zinc, molybdenum, lead, gold mining prospects.
The Ras Al Khaimah Investment Authority (RAKIA) was constituted in 2005 by H.H. Sheikh Saqr Bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, UAE. RAKIA is a nodal-governmental body with financial and managerial independence. The Authority’s vision and mandate is to reinforce the investment climate in the Emirate of Ras Al Khaimah and to partner and promote projects and investment opportunities across key economic sectors.