Zijin to build new copper smelter in eastern Serbia

Zijin to build new copper smelter in eastern Serbia

Published at: 2019-09-11 10:29 | Author: CIJ Serbia
Zijin Mining Group will build a copper smelter at the Majdanpek open pit mine in eastern Serbia. Zijin is expected to apply for the construction permits by the end of this year, with construction to start soon after, according to Energy Minister Aleksandar Antic. The company is expanding its activity in Serbia. Last December, Zijin acquired the majority stake in RTB Bor and renamed it Zijin Bor Copper. The company said it is planning to invest $1.26bn to improve production efficiency at Zijin Bor Copper and open new mines.

Similar Stories:

Toyota Yaris production will begin at Kolin factory
The TCPA factory in Kolin will begin production of the Toyota Yaris at a date that has yet  »
Demand for foreign workers has peaked in Czechia
Czech companies have been forced to look abroad for employees in recent years by the lack  »
Deloitte CZ: Economy comes in for soft landing
Those hoping the Czech economy would come in for a soft landing from its extended boom sho  »
Mel Textile to open factory in Serbia
Mel Textile is planning to open a factory in Kovin, northern Serbia. The Turkish manufactu  »
How does Bucharest’s investment market compare to Prague’s? There’s little compari   »
How much are you lending on infrastructure projects in Slovakia? How does it compare to ot   »
Should we believe people in the market when they say they’re working on five to six deal   »
Going into 2016, most observers assumed Czech retail assets would be a major investment ta   »