User:Slobodan.t/Cunico Resources NV

Cunico Resources N.V.

Cunico Resources NV is an international mining and metals company, specializing in the exploration, mining and manufacturing of ferronickel. They are the largest ferronickel manufacturer in Europe and the fourth largest in the world according to the latest statistics. Their headquarters are in Amsterdam in the Netherlands and their marketing team, Cunico Marketing, is based in Dubai in the United Arab Emirates. Cunico Resources NV has two major production plants which operate in the Balkans namely FENI Industries and the NewCo Ferronikeli complex. Together, these two operations account for almost 10% of the global ferronickel production. Cunico Resources NV came about as a joint venture between the Beny Steinmetz Group Resources (BSGR) and International Mineral Resources (IMR), both internationally acknowledged and well established companies in the metals industry. Over the years, through many growth projects, has Cunico Resources NV built up a global reputation for producing the highest quality ferronickel products, in both granule and ingot form, always perfectly tailored to the needs and specific requirements of their customers. These standards of excellence have allowed Cunico Resources NV to secure long term relationships with many leading stainless producers in the world. The key countries which Cunico Resources NV supplies to, include the following countries:

• Spain
  

• Germany
  

• United Kingdom
  

• Sweden
  

• Italy
  

• Belgium
  

• China
  

• India
  

• Korea
  

• Taiwan
  

The Group is constantly looking for new clients and other growth opportunities.

Brief History

Operations

During 2005, Feni Industries was acquired by Cunico Resources NV. The FENI Industries plant is a two-line, rotary kiln electric furnace facility with the biggest rectangular electric furnaces of their kind in the world. The plant has been in operation since 1982 under the name FENI Industries and it was acquired by Cunico in 2005. It is located in Kavadarci, in the Balkan region. At the time of its acquisition, only one of FENI Industries’ two lines was operational and annual nickel production was approximately 5,000 tonnes. Following technical additions and capital investment by the group, the plant is now fully operational, with both lines running simultaneously. As a result, production at the Feni Industries plant is steadily increasing to eventually produce in excess of 20,000 tonnes per year. Cunico Resources acquired the NewCo Ferronikeli complex in Drenas in April 2006, following the completion of a successful privatisation process. The complex includes a nickel production plant as well as potentially rich mineral deposits beneath the surrounding landscape. The NewCo Ferronikeli plant is a two line plant. It was built in 1984 using largely Soviet technology, but with certain elements such as the electric furnaces, rotary kilns and casting machines, based on Western designs. The plant, located in Gllogovac, was in a state of disrepair at the time of purchase, as a result of bombing during the Kosovo conflict of the late 1990’s and subsequent general neglect. Since its acquisition however, Cunico Resources has been able to refurbish the NewCo Ferronikeli plant and in 2007, it was successfully re-commissioned. The plant has increased production levels from 6,000 tonnes to more than 9,000 tonnes per year over the last few years.

Sales and marketing

Located in the global business city of Dubai, United Arab Emirates, is Cunico Resources' marketing and sales branch, Cunico Marketing FZE. Cunico Marketing is responsible not only for the global marketing and sales of the Group’s ferronickel products, but also for providing logistical support in the supply of the raw materials used in the production process.

External links

• www.cunicoresources.com