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Feature: BRI creates jobs, improves life for locals in Serbia
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Serbia Zijin Copper to invest $408 mln in mines, smelter

By Reuters Staff 2 Min Read BELGRADE, April 7 (Reuters) - The Serbia Zijin Copper company, operator of Serbia’s sole copper complex, plans to invest $408 million in 2021, up from $360 million in 2020, to overhaul and expand its four mines and a smelter, it said on Wednesday. The plan also includes improving environmental protection in the heavily polluted Bor region, in Serbia’s east, it said in a statement posted on its website. The company, part of China’s Zijin Mining, said it planned to boost output of copper concentrate by 38.91% to 74,010 tonnes and cathode copper by 18% to 83,450 tonnes this year. In 2018, Zijin Mining became Serbia’s strategic partner in the copper complex RTB Bor, pledging to invest $1.26 billion in return for a 63% stake.

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Serbia Zijin Copper to invest $408 mln in mines, smelter

By Reuters Staff 2 Min Read BELGRADE, April 7 (Reuters) - The Serbia Zijin Copper company, operator of Serbia’s sole copper complex, plans to invest $408 million in 2021, up from $360 million in 2020, to overhaul and expand its four mines and a smelter, it said on Wednesday. The plan also includes improving environmental protection in the heavily polluted Bor region, in Serbia’s east, it said in a statement posted on its website. The company, part of China’s Zijin Mining, said it planned to boost output of copper concentrate by 38.91% to 74,010 tonnes and cathode copper by 18% to 83,450 tonnes this year. In 2018, Zijin Mining became Serbia’s strategic partner in the copper complex RTB Bor, pledging to invest $1.26 billion in return for a 63% stake.

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