100 Million Dollars Investment for Mining in Albania and Kosovo

  • Friday, August 27, 2010
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  • Keywords:Chrome ore
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Huge investments are underway in the mining sector in Albania and Kosovo. Albanian Minerals & Bytyci SHPK is planning to invest 100 million dollars in 5 years in Albania and Kosovo. Albanian Minerals have higher sub contractor companies Ferromet and NJC to build infrastructure and mine in the Tropoja locations. Ferromet company has already finished the road project from Zogaj to Kosovo's border, said Skender Hajredini the general director.

Ferromet is now working in the Hija e Bushit project. Italian company NJC director Fullvio Colombini said the work has stared in Pac and Vlad infrastructure and mining projects.

Recently huge deposits of chrome ore have been found in Vlad, Pac, Zogaj, Kam, Dege and Lugu i Zi. The body of this large chrome ore extends a hundred kilometers long from Lugu i Zi, Tropoje to Vlahen, Kukes.

Albania and Kosovo is one of the wealthiest lands in natural resources in the world. With amazing mountains, beaches, lakes, rivers, forests, and rich soil. Underneath this land lies billions of barrels of oil, natural gas, coal, gold, platinum, copper, the largest chrome reserves in Europe, bauxite, nickel, cobalt, magnesium, ores, marble, granite, coal and much more.
(Source: Albanian Minerals)

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