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:

Feka Automotive building factory in central Serbia
Feka Automotive broke ground on a factory in Cuprija, central Serbia. The 7,000 sqm facili  »
Biovet opens factory in southern Bulgaria
Biovet, a subsidiary of the drug maker Huvepharma, opened a new factory in Peshtera, south  »
Xiamen Intretech opens first plant in Hungary
Xiamen Intretech has opened the first phase of its new plant in Kapuvar, western Hungary.  »
Salvus opens new headquarters near Zagreb
Salvus has opened a new 4,444 sqm center in Donja Stubica, north of Zagreb. The investment  »
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   »