Trepca overcomes the crisis this year, expects to sell over $23m in metal concentrations

Trepca overcomes the crisis this year, expects to sell over $23m in metal concentrations

Trepca is an 80% acting society owned by Kosovo and 20% of its workers. The impact and weight of this rich resources is high for Kosovo in the country's overall economic development, employment generation, export growth and Bruto Local Product. This institution is facing numerous difficulties, supply [...]

This social enterprise expected to overcome its crisis, writes Periscope.

Through a closed offer, the company's procurement has managed to deal with a company for selling lead concentrations (Pb) and Zink (Zn) produced during 2022.

The winner of two contracts weighing a little over $23 million is the company from London, England “Mineco International Limited”.

The lead concentration bid is 13,525,281, $6. The black concentration is 9,528,626,96.

On the offer he saw Periscope, Zink concentrations from the Stanterg Mine have been in quantity -- 6,512.44 tons of moisture, and 5,991.44 tons of soil.

Zink concentrations from the Artana Mine: 2,000,000 tons wet, and 1,840 tons of dry.

Lead concentrations are extracted from Stantergu's mine: 5,613.85 tons wet, and 5,164.74 tons.

Lead concentrations from the Artana mine: 1,200,000 tons wet, and 1,104,000 tons wet.

Three other companies were in the race for the offer, but the one from England had the highest offer. The contracts are not signed yet, until the terms of complaints that contesting companies can make to the company's procurement pass.

The company is facing financial shortages due to the expensive electricity in the international bell. Trepca is self-enhancing consumers who bought energy on the free market, while electricity import has increased for several fish since November.

Trepca S. A.” for years faces numerous challenges and challenges. A key problem can be highlighted as low productivity, waste operation trend, lack of full capacity use as a result of age-old technology in mines and flotillas, lack of capital investments, old age of staff qualified in the production process, and lack of processing industry development in the metallurgy sector.

Central Public Company “U.S. It was inherited from the former social company, Kosovo-based Xevataro-Meterlumental Trepca, as one of the largest industrial, metallurgy and chemical complexes, and with some assets in other parts of the former Yugoslavia. In the past, this mining complex was an industrial giant that represented a considerable economic resource for the former Yugoslavia. After the end of the war, from 1999 to 2002 “Trepca” was under control of the United Nations Mission ( U n NMIC), while from 2002 passed under the administration of the Kosovo Trust Agency (AKM), and from 2008 to the Kosovar Privatisation Agency (AKP), respectively. The transformation of Trepca was formalized in 2016 through the adoption of the Trepca Law in the Assembly of Kosovo, where the status of Social Company (N. S.) Under AKP administration, Trepca is transferred to the status of Public Company (NP). / P ERISCOPI/

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