New smelting plant opened in Bor
BOR - A ceremonial opening of a new smelting plant and a sulfuric acid factory was staged in Bor on Tuesday, marking the beginning of a new stage in the development of metallurgy and copper production in the Mining and Smelting Basin (RTB) Bor, eastern Serbia.
"A miracle has been created in the RTB Bor," Serbian Prime Minister Aleksandar Vucic said at the ceremony and pointed out that Serbia has got a modern plant and one of the most advanced sulfuric acid factories in Europe.
"We have showed that we can build even the most modern facilities," said Vucic and thanked all companies that worked hard over the last three years so that the works could be completed on time.
He pointed out that thereby RTB Bor has secured itself a good reference for other jobs in Serbia.
"This is a great day for all of us," the prime minister said, stressing that the new smelting plant will encourage the development of metallurgy and ensure a better future for citizens of Bor and entire eastern Serbia.
Vucic said that the management of RTB Bor now has an assignment in the period from six months to a year a half to clear bottlenecks and prepare all three mines - Cerovo, Krivelj and Cerovo Primarno for increased extraction of ore.
RTB Bor Director General Blagoje Spaskovski stated that it is a true feat to realize a greenfield investment in times of crisis, adding that EUR 250 million was invested in the construction of the smelting plant.
He underlined that Serbia has obtained the most modern facility with great support from the government, adding that owing to this investment, the participation of RTB Bor in GDP will be increase next year, and nearly double in three years.
"We will earn EUR 12 million annually with...
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