Red Island Minerals one billion tonnes. It is expected that the coal will mostly be mined by the open pit method, and that extraction will initially be at the rate of five million tonnes per year. 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
Great Palm Island There are seven named reefs adjacent to the island, known as nearshore fringing reefs. The designation of the seven varies; for example, the seventh of the seven is called Great Palm Reef (No 7), 18-054G, Great Palm Reef G, and Reef 18054G. As designated by the GBRMPA, Great Palm Island has the number 18-054, and the seven reefs are a, b, c, d, e, f, and g. Great Palm Island is the largest of the islands in the Greater Palm group. While originally named the "Palm Isles", many names are currently used for the group. Great Palm Island group and