November 22, 2024
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Serbia: Memorandum of understanding for the new investment of Zijin Mining

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The Minister of Mining and Energy of Serbia, Dubravka Đedović, will sign two memorandums of understanding in Xiamen, China, which envisage new investments by the Chinese company Zijin Mining Group in Serbia.

A Memorandum of Understanding will be signed on the development of the Lower Zone of the Cukaru Peki copper and gold mine, which envisages an investment of 3.8 billion dollars with the application of the highest environmental standards, as well as a Memorandum on the development of a 300 MW solar power plant for the company’s needs, the ministry announced.

The memorandums will be signed at the “One China One Serbia” Investment Conference, which is being held as part of the 23rd China International Investment and Trade Fair (CIFIT 2023), at which Serbia is the guest of honor.

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During his visit to China, Đedović will visit the mine and smelter of Zijin Mining Group in Shanghai County.

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