Chinese investment can help Serbia become major copper producer – Bloomberg ...News

Economy by : (Russia Today) -
Beijing wants to increase production at its mining operation in the country China is planning a major expansion of copper mining in Serbia as demand for the metal, which is crucial for global energy transition, is expected to overrun supply, Bloomberg reported on Monday. Zijin Mining Group, China’s largest gold miner and one of the country’s top copper producers, is due to boost the extraction of copper in its Cukaru Peki copper and gold mine in Eastern Serbia, the outlet said. The company opened the Cukaru Peki works about two years ago and has already invested $678 million to bring the pit into operation. Now Ch

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