Energy markets weekly: Brent,...

During the fourth week of August, Brent oil futures for the Front Month...

Europe: Electricity prices show...

During the fourth week of August, electricity prices in major European markets showed...

European electricity demand trends:...

During the last week of August, electricity demand rose in most major European...

European solar and wind...

During the week of August 25, solar photovoltaic (PV) energy production declined across...
Supported byClarion Energy
HomeMiningZijin to invest...

Zijin to invest 200 mln euro in revamping Serbia’s Bor copper mine/smelter

China’s Zijin Mining Group plans to invest 200 million euro ($221 million) in revamping and expanding the current capacities of Serbian copper mining and smelting complex Bor which it controls, local media reported.

Zijin is currently drafting a project for the planned overhaul and for the planned expansion of the smelter’s annual capacity of 80,000 tonnes of copper concentrate to 200,000 tonnes within a four-year period, news daily Vecernje Novosti quoted Bor mayor Aleksandar Milikic as saying on Monday.

Parallel with this, the Chinese company will invest in the purchase and installation of special converter machines that will increase the purity of copper concentrate to 99.8% from current 62%, Milikic said.

Zjin also plans to build a new plant for sulphuric acid production, which will help raise the annual output of sulphuric acid up to 1.0 million tonnes, Milikic added. The existing plant produces some 400,000 tonnes of sulphuric acid per annum.

In addition, Zjin intends to build a new facility for treatment of waste water and gases, aiming to capture as much as 99.8% of all hazardous gases released in the production.

“All this is necessary considering the expected opening of new mines in Bor and Majdanpek, following which the processing capacities need to increase with a maximum alignment to the environment protection rules,” Milikic said.

Bor and Majdanpek are both located in eastern Serbia.

Source: seenews.com

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Serbia seeks further US sanctions delay for NIS

The Serbian Government has formally requested the US administration to grant another postponement of sanctions on oil company NIS, citing its Russian ownership. The current extension, set to expire on March 28, was previously granted for one month. Serbian Minister...

EU countries’ spending on Russian energy vs. aid to Ukraine (2022–2024)

A recent analysis of EU nations’ expenditures on Russian oil and gas imports compared to their financial, military and humanitarian aid to Ukraine reveals significant disparities. Italy, Hungary and the Netherlands emerged as the top spenders on Russian energy, with...

Serbia and Azerbaijan sign agreement on energy and mining cooperation

The Governments of Serbia and Azerbaijan have signed a cooperation agreement focused on energy and mining, aiming to strengthen collaboration between the two countries in these sectors. The agreement outlines joint activities to promote cooperation and business relations, based...
Supported byVirtu Energy
error: Content is protected !!