14 C
Belgrade
Supported byspot_img
spot_img

ArcelorMittal Bosnia produced 1.75 million tons of ore in 2016, the same amount of ore is planned for 2017

Member of Europium Groupspot_img
Supported byspot_img

The company ArcelorMittal Prijedor announced today that in 2016 it had achieved production plan in the amount of 1,750,000 tons of ore and next year it is planning to produce the same amount.

In addition to production and sales planned realized investments this year included the construction of a new landfill for sludge disposal, the construction of a bridge over the regional road Stari Majdan two-Lamovita, implementation of program for improving the production process and the exploration of new mineral deposits.

Having in mind that we are still facing the reduced demand for ore and difficulties in the steel market, which are still present, our operation in 2017 will be organized at this year’s level. During January, most workers will be put on hold for a period of one month with 55 percent of salaries – says the official statement. Emergency service will be needed in January, as well as maintenance service, which must do necessary repairs and preparation of machinery for the beginning of operation on 1st of February 2017.

Supported byElevatePR Digital

Related News

Evaluating the Jadar lithium project: Weighing the pros and cons

The Jadar lithium project in Serbia, spearheaded by Rio Tinto, has sparked significant debate among various stakeholders. Aimed at extracting lithium and borates from...

Environmental groups demand meeting on North Macedonia’s mining strategy amid concerns over sustainability

Around fifty civil society organizations and environmental institutions in North Macedonia are calling for a meeting with relevant authorities to discuss guarantees for environmental...

Adionics unveils new lithium extraction demonstration plant in Argentina to boost sustainable production

Direct lithium extraction (DLE) technology company Adionics has launched a new demonstration plant in Güemes, Argentina, aimed at testing various brines from Argentina, Bolivia...

Exploring Guyana’s untapped gold wealth: A look at the Guiana Shield’s potential

Guyana boasts a rich history of gold mining, now shifting focus to its largely underexplored regions with significant potential for major discoveries. The nation’s mineral...
Supported by
Supported by
Supported by
error: Content is protected !!