November 21, 2024
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Serbia, EPS to open new coalmine at Kostolac basin

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Serbian state-owned power utility EPS confirmed that the explorations done so far have shown that the western part of the Kostolac coal basin has respectable exploitation quantities of lignite. The company said that the expansion of the Kostolac coal complex by opening of a new open-pit mine would be of great significance not just for the economic development of this area, but also for the overall energy stability of Serbia.

Deputy Director at Coal Production department of EPS Ivan Djukic said that, in the past years, EPS invested considerable funds in the exploration of the new site, which is officially named as Kostolac West. In March 2020, the Faculty of Mining and Geology in Belgrade completed the feasibility study for the exploitation of the site. The study defines the missing equipment, the dynamics of the opening of the mine and the moving of a part of the equipment from the existing Drmno coalmine to the end of balancing the production of overburden and coal at the open-mine pits Drmno and Kostolac West.

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