Montenegro to offer bauxite site in Zupa Niksicka for concession
Illustration (Photo: freedomnaruk/shutterstock.com)

– Under scientific and professional criteria, Blok 4 is the most promising area for the discovery of new sites of quality red bauxite in the area of Zupa Niksicka and the finding of projected sites with reserves of around 9 million tons is very likely – the Government of Montenegro announced.
– In case such reserves are discovered, considering the capacities of exploitation and the possibility of the sale of bauxite, it can be assumed that exploitation can be organized on this site for 20 to 30 years. The concession period, which entails the phases of exploration, as well as the exploitation of minerals, cannot exceed the period of 30 years, defined by law.
Blok 4 encompasses red bauxite sites Kutsko Brdo and Potplaninik I and II.
– A total of 1.87 million tons of bauxite were excavated from the Kutsko Brdo site. It is estimated that the total reserves amounted to around 3 million tons of quality bauxite. Potplaninik encompasses the grounds between Kutsko Brdo and Djurakov Do sites. By 2000, two small bauxite sites were discovered in this area. There has been exploitation at Potplaninik I, while the Potplaninik II site, with geological reserves of around 200,000 tons, has not been exploited.
State as majority owner
According to the data of the Real Estate Directorate, most of this land is owned by the state, 87.6%. A smaller part is owned by Niksic-based Uniprom Metali, 11.8%, whereas 0.52% is privately owned.
Tags:
Ministry of Economy of Montenegro
Uniprom Metali
Zupa Niksicka
red bauxite
exploitation of red bauxite
Blok 4 site at Zupa Niksicka
red bauxite at Zupa Niksicka
Blok 4 at Zupa Niksicka
Kutsko Brdo
Potplaninik
bauxite site
exploitation of bauxite
concession act on red bauxite at Niksic
concession act on Blok 4 at Zupa Niksicka
Comments
Your comment
Most Important News
Full information is available only to commercial users-subscribers and it is necessary to log in.
Follow the news, tenders, grants, legal regulations and reports on our portal.
Registracija na eKapiji vam omogućava pristup potpunim informacijama i dnevnom biltenu
Naš dnevni ekonomski bilten će stizati na vašu mejl adresu krajem svakog radnog dana. Bilteni su personalizovani prema interesovanjima svakog korisnika zasebno,
uz konsultacije sa našim ekspertima.