RACE RESOURCES GROUP

RACE’s strategy is simple and efficient. We aim to achieve our goals by:
Establishing Core Business:

•	Focus on simple open pit mines like Nickel Ores and Iron Sand Ores;
•	Easy mining method, low cost operation, valuable commodities; and
•	The business cycles of those core business commodities can offset against each other, giving it a good capacity for resistance in economic cycles.

Maintaining Sustainable Growth:
• Increase high quality reserves;
• Acquire additional mineral concessions;
• Include processing and selling added value products;
• Expand production capacity and generate higher income and lower unit cost;
• Maintain diversified customer base; and
• Being economically, socially, and environmentally sustainable.

Building Financial Strength:
• Maintain long term and sustainable profitability;
• Achieve attractive financial statements; and
• Substain strong liquidity for operation, expansion, and acquisitions.


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