0.6 C
Belgrade
Supported byspot_img
spot_img

Zijin Bor Copper will invest in the reconstruction of Serbian copper smelter

Member of Europium Groupspot_img
Supported byspot_img

Zijin Bor Copper’s deputy managing director Simon Ling said in June that the company plans to invest $1.26 billion in capacity and equipment overhaul, as well as environmental and safety improvements at the Bor mining complex.

Zijin Bor Copper, the Serbian unit of China’s Zijin Mining Group, plans to invest a total of $265 million (225 billion euro) in the reconstruction of the Bor copper smelter, it said. The company started the project in September, two months ahead of schedule, due to the increased flue gas emissions caused by a malfunction in the plant equipment, which negatively affected air quality in Bor, Zijin Bor Copper said in the latest edition of corporate newsletter Kolektiv.

Zijin Bor Copper plans to complete the reconstruction of the Bor copper smelter by the end of 2022 and will attach priority to the installation of a flue gas capturing and desulphurisation system, which will be completed by the end of 2021, it said.

Supported by

So far, the company has invested a total of $38.15 million in environmental improvements and plans to make further $120 million investments in the field throughout the working life of the mine, it added.

According to media reports, the Bor city government has filed a criminal complaint against Zijin after measuring stations of the country’s Environmental Protection Agency registered excessive SO2 levels for three days in a row in September.

Source: seenews.com

 

 

Supported byElevatePR Digital

Related News

Push for expanded lithium mining in Europe to support electric vehicle transition

German Chancellor Olaf Scholz is pushing for increased lithium mining in Europe to support the transition to electric vehicles (EVs), which is critical for...

Environmental groups challenge Serbia’s approval of Rio Tinto’s Jadar mining project

The Ministry of Environmental Protection of Serbia has outlined the scope and requirements for the environmental impact assessment (EIA) for the mining component of...

Strickland Metals hits major gold discovery at Rogozna project in Serbia

Strickland Metals Ltd is making significant strides in its exploration efforts at the Rogozna gold and base metals project in Serbia, with recent drilling...

Serbia’s lithium dilemma: Balancing economic promises with environmental concerns

In the Jadar Valley of western Serbia, Zoran Filipovic, a 55-year-old farmer, faces a dilemma that pits his ancestral land against the growing demand...
Supported by
Supported by
Supported by
error: Content is protected !!