Supported byOwner's Engineer
Clarion Energy banner

RTB Bor may become leading copper producer in southeastern Europe

Supported byspot_img
Deputy Prime Minister and Minister of Economy and Regional Development Mladjan Dinkic said on Friday that reconstruction of the copper flotation facility in the RTB Bor mining and metallurgical complex and construction of a new sulphur factory will boost the efficiency of copper exploitation.

After visiting RTB Bor and meeting with representatives of the local self-government and the company, Dinkic said that this will help RTB Bor become the leading cooper producer in southeastern Europe.

He also highlighted the importance of visit made by the Ministry’s delegation, representatives from SNC Lavalin, Export Development Canada (EDC), the World Bank and the Canadian Ambassador in Serbia to Bor.

Dinkic recalled that the Export Development Canada approved a loan of €175 million for building a new smelting plant and sulphur factory, which will help finally resolve the problem of environmental pollution in this town.

Supported by

By building these two facilities, emission of sulphur dioxide will be reduced 400 times and of carbon dioxide up to 40 times, he underlined.

The Serbian parliament has already ratified the loan, so the first €23 million will be withdrawn by the end of the year, another €100 million next year, while the rest will be withdrawn in 2012.

The Deputy Prime Minister confirmed that an agreement was reached with the RTB Bor management on how to start reconstruction of copper ore flotation facility, given the fact that the price of copper on the world market reached a record high of nearly $9,000 per tonne and is expected to further increase because of the increasing use of metal in “green” technologies.

He specified that €17 million will be invested next year in the new automatic machine for flotation, which will reduce energy consumption and increase the efficiency of copper ore up to 90%.

Supported by

RTB Bor’s new smelter and sulfuric acid plant will become the largest copper producer in Southeast Europe, the Minister said.

The Minister visited the Veliki Krivelj and Jaloviste facilities and held a meeting with Bor Mayor Nebojsa Videnovic.

Dinkic, Director of RTB Bor Blagoje Spaskovski, Videnovic and Director of Sanch Srdjan Dejkovic signed a Memorandum of understanding on the purchase and reconstruction of facilities in the RTB Bor of total usable area of 510 square metres, which will create conditions for the opening of 50 new jobs.

Director of Skijalista Srbije company in charge of managing Serbia’s ski resorts Nebojsa Skoric and the President of the Bor municipality signed a contract on granting the use of the ski lift “Centar” from Mount Kopaonik.

Supported by


Supported byClarion Energy
Serbia Energy News
error: Content is protected !!