Zijin Mining confirms interest in RTB Bor – Chinese company ready to invest several hundred million dollars

The Chinese company Zijin is interested in taking part in the tender for a strategic partnership in RTB Bor and investing several hundred million dollars, says the press release from the cabinet of the Serbian president.

Serbian President Aleksandar Vucic met with the company's representatives and pointed out that their interest in a strategic partnership in RTB Bor “only confirms the great interest of Chinese companies in investing in Serbia”.

He said that the Chinese company Zijin was welcome at the upcoming tender, which the Government of Serbia plans to open in the first half of 2018, considering the traditional friendship between the two countries.

Representatives of Zijin Mining Group said that they had serious development plans for RTB Bor, but also for the entire region, and expressed their intention to invest several hundred million dollars in the modernization of the production and the restructuring of the company, which would be organized in line with the highest global standards.

Zijin is one of the biggest Chinese producers of gold, the second biggest producer of copper ore and the third biggest producer of zinc ore.

The group intends, as its representatives said, to become the leading international mining company.

Serbia Zijin Copper doo Bor

Zijin Mining Group Co Beijing

Predsedništvo Republike Srbije

tender for RTB Bor

strategic partnership in RTB Bor

Aleksandar Vucic

modernization of RTB Bor

restructuring RTB Bor

production of gold

production of copper ore

production of zinc ore

gold

copper

zinc

strategic partnership RTB Bor