Red Island Minerals

Red Island Minerals Ltd (RIM) is a Perth Western Australia-based coal development company operating in Madagascar. The company is wholly owned by PTT Asia Pacific Mining Pty Ltd, a subsidiary of PTT Public Company Limited, a state-owned Thai company.

Red Island Minerals was founded by Sam Malin under the name Petrosearch International on 2 March 2005. Its name was changed to Red Island Minerals in 2008.

Red Island Minerals develops the Sakoa coal field in southwestern Madagascar. It operates through its wholly owned subsidiary, Madagascar Consolidated Mining SARL, in which the Malagasy government agency OMNIS holds a minority stake.

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