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Bulgaria terminates HB Minerals' building materials mining concession

Author Mario Tanev
Bulgaria terminates HB Minerals' building materials mining concession Photo: Bulgaria's government / All rights reserved.

SOFIA (Bulgaria), March 26 (SeeNews) - Bulgaria's government said that it has terminated its concession agreement for the Kayata building materials deposit with local HB Minerals, upon the request of the company.

HB Minerals operated the deposit since 2013, when the concession contract was transferred to the company by the previous concessionaire - Transstroy Holding, the government said in a statement on Wednesday.

HB Minerals was renamed from Hydromineral last year.

The Kayata deposit is located in the Kameno municipality, near the city of Burgas.

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