Shyam Middle East Resources FZ-LLC, part of India’s Shyam Steel Group, is establishing a non-ferrous metals processing and manufacturing facility at Al Ghail Industrial Zone within the Ras Al Khaimah Economic Zone, backed by an investment of AED 40 million (approximately $11 million). Spanning 21,000 square metres, the facility will be developed in two phases, with the first unit operational by Q1 2027 and the second following in the subsequent quarter.
The facility will process and manufacture lead, aluminium, and copper, along with alloy production from non-ferrous ingots, targeting a combined capacity of up to 2,000 tonnes per month and an expected 150 employment opportunities upon full commissioning.
The agreement was formalised at RAKEZ’s Compass Coworking Centre between Shyam Steel Group Chairman Purushottam Beriwala and RAKEZ Sales Director Mustafa Shaker. For the Group, the investment marks its first significant manufacturing presence in the Middle East, leveraging RAK’s cost-effective industrial environment and strategic connectivity to global markets.
