Smelting

The Labor Ministry released guidelines for employers on Monday, ahead of the heatwave expected to hit Greece this week. The heatwave, dubbed CLEON, is expected to last at least six days and has been classified as a dangerous weather phenomenon.

Ljubljana- The steel maker SIJ will be joining forces with the Slovenian Olympic Committee in putting its by-product, slag, to good use in the construction of sustainable pump tracks. The project is in line with the principles of circular economy and will also reduce the use of natural resources, the Olympic Committee said on Monday.

Kardemir, one of Turkey's largest steelmakers, has announced plans to establish a new blast furnace with an annual production capacity of 1 million tons.

Dragan Stevanovic, state secretary at the ministry, told this to Tanjug on Thursday.

Tanjug reported this on Fridy citing Miladin Kovacevic, head of the national statistical office RZS.

FDIs in Serbia will reach 3 bln euros in 2018, Miladin Kovacevic, head of the national statistical office RZS, said Friday.

Minister of Mining and Energy Aleksandar Antic and Vice President and Executive Director of Zijin Mining George Fang signed the acquisition contract today.

Mihajlovic, who is also in charge of transport and infrastructure, and Zhong discussed "economic cooperation of the two countries," the Serbian government said.

China's Zijin will take a 63-per-cent share of Serbia's failing copper giant RTB Bor in return for offering a 1.26 billion US dollar business and investment plan that includes not laying off any of the 5,000 workers, the Serbian goverment said on Friday.

Vecernje Novosti reports that the interested companies are Chinese Zijin Mining, Ugold Limited based in Cyprus and backed by Russian capital and Canadian-Finnish investment fund Champion Iron.

RTB Bor is a copper mining and smelting complex located in eastern Serbia.

Brnabic, who began the visit to the Majdanpek municipality by visiting Majdanpek Copper Mines, which is part of RTB Bor, pointed out that the deadline for bids expires on August 20, adding that she still cannot say how many companies bought the documentation, the government said on its website.