June 11 (SeeNews) - Zijin Bor Copper, the Serbian unit of China's Zijin Mining Group, plans to increase copper production at Bor mining complex by 38% to 73,000 tonnes this year, engineering director Benjamin Jiao said.
"Until 2024, our plan is to increase the annual copper production capacity to 190,000 tonnes," Jiao said in a video file posted on the website of Tanjug news agency on Thursday.
With the increase of core production, the amount of secondary products, like gold, will also rise, Jiao said.
The company has signed contracts for the implementation of environmental protection projects requiring a total investment of $125.7 million (103 million euro), Zijin Bor Copper deputy general manager, Jiu Weijin, noted. "We can say that at the end of 2022, Bor citizens will breathe clean air."
The Chinese group injected $350 million in the capital of Serbian copper mining and smelting company RTB Bor in December 2018, acquiring majority ownership, and later renamed it to Zijin Bor Copper.
($ = 0.82255 euro)
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