25.5 C
Belgrade
Supported byspot_img
spot_img

Montenegro pressures Swiss company to address zinc mine project concerns

Member of Europium Groupspot_img
Supported byspot_img

It appears that the Montenegrin government has issued an ultimatum to Tara Resources, a Swiss company, regarding the Brskovo Zinc Mine project in Mojkovac. The government has given Tara Resources 60 days to address all deficiencies in the project. The Minister of Energy and Mining, Saša Mujovic, stated that the defects identified are believed to be systemic and challenging to rectify in the future. He expressed concerns about the safety of tailings disposal and mercury separation, emphasizing potential risks to public health.

The government is offering Tara Resources the option of mutual termination of the contract. This move comes amid strong opposition from environmental activists and local citizens who fear adverse effects on the environment and public health. The rehabilitation of the tailings pond after the closure of the old mine had already cost the state 10 million euros over two decades.

Tara Resources had taken over the project in 2018 with plans to revitalize the mine and make it one of the largest zinc mines in Europe, with a projected investment value of around 180 million euros. However, the civic initiative “Za zdravi Mojkovac” (For a healthy Mojkovac) has repeatedly appealed to the government to terminate the contract, citing concerns similar to those of a potential environmental catastrophe akin to the Chernobyl disaster.

Supported by

This development underscores the tensions between economic development interests and environmental and public health concerns in Montenegro, particularly in regions affected by industrial projects.

Supported byElevatePR Digital

Related News

Navigating opportunities and challenges: Trends in the battery industry, Germany

The battery industry is advancing steadily, driven by the increasing electrification of vehicles and the expansion of renewable energy sources. This growth in global...

Vinacomin announces strategic investments to enhance Vietnam’s aluminium sector

Vinacomin has unveiled strategic investments aimed at bolstering Vietnam's aluminium production capacity to meet burgeoning future demand. Despite Vietnam's status as a major bauxite producer...

Emirates Global Aluminium (EGA) to finalize bauxite residue pilot plant in Abu Dhabi

Emirates Global Aluminium (EGA) has announced the anticipated completion of its bauxite residue pilot plant in Al Taweelah, Abu Dhabi, later this year. The plant,...

Ascendant Resources Inc. updates on metallurgical testing progress at Lagoa Salgada project in Portugal

Ascendant Resources Inc. has shared an update regarding the optimization metallurgical test program focusing on the primary massive sulphides (PMS) domain at Lagoa Salgada. The...
Supported by
Supported by
Supported by
error: Content is protected !!