By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sarajevo TimesSarajevo TimesSarajevo Times
  • HOME
  • POLITICS
    • BH & EU
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
    • BH & EU
    • BUSINESS
    • ARTS
  • SPORT
  • ARTS
    • CULTURE
    • ENTERTAINMENT
  • W&N
Search
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Reading: Aluminij produced its Three Millionth ton of liquid Metal since its Creation
Share
Font ResizerAa
Sarajevo TimesSarajevo Times
Font ResizerAa
  • HOME
  • POLITICS
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
  • SPORT
  • ARTS
  • W&N
Search
  • HOME
  • POLITICS
    • BH & EU
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
    • BH & EU
    • BUSINESS
    • ARTS
  • SPORT
  • ARTS
    • CULTURE
    • ENTERTAINMENT
  • W&N
Follow US
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
© 2012 Sarajevo Times. All rights reserved.
Sarajevo Times > Blog > BUSINESS > Aluminij produced its Three Millionth ton of liquid Metal since its Creation
BUSINESS

Aluminij produced its Three Millionth ton of liquid Metal since its Creation

Published: August 19, 2017
Share
SHARE

Elektroliza, of Mostar’s Aluminij, today produced its three millionth ton of liquid metal since it began work in the late 1970s.

Aluminij d.d. Mostar, in the year when it’s celebrating its 20th anniversary since its reopening after the destruction thereof during the war, achieved significant success, which is proven by the fact that three million tons of high-quality aluminum have reached tens of countries all across the world.

Alumij, under its famous name, was established in 1977, since when it has grown into the carrier of the development of the aluminum industry in BiH and the backbone of this region’s life. In 1992, the aggressor destroyed, plundered and burned the factory. The damages are estimated to be at 140 million Euros. Reconstruction started in 1995 and the Anode plant started with work in 1997, as well as the first electrolytic cell Elektroliza. The full capacity of 256 electrolytic cells was achieved in November 1999. Alumij has, since then, thoroughly modernized its plants, reaching electrolytic metal purity of 99.85%, making it recognizable across the world and its metal some of the most demanded in the world market.

The recession and bad management have caused 25% of the cells to be shut down, but the current management is working to get them working again, which is expected to cost around 15 million BAM.

“The fact that we could have achieved this number a long time ago, if only some things in the past were done differently, saddens me. Nonetheless, when I remember everything that we went through, especially last year’s almost hopeless state, as well as the strong and capable team, I’m overwhelmed by a feeling of incredible pride of all our workers, especially those in production,” Boris Vican, the executive director for technical works and a member of the Steering Board, commented while congratulating his colleagues on the three millionth ton which was produced today at a temperature of 950 degrees C by workers who worked at a temperature of over 60 degrees C, wearing several layers of heavy protective gear.

That metal is now cooling in the pits, ready to win over the world market, while the director of the firm and president of the Steering Board Mario Gadzic contently says that they’ll be celebrating the next round number a lot sooner.

“This is a number that we must respect. We’re dedicated to conduct the all-encompassing restructuring of the way Aluminij does its business. By October of next year, we’ll have all 256 cells working and, with maximally optimized process of blending, be able to break new records in the amount of aluminum produced. We’re still far away from the place where we can say that we’ve passed all of our problems. However, last year we were almost going bankrupt and today we’re activating the shutdown part of production and aiming higher than ever before, including finalizing the product in our own factories,” said the satisfied director.

(Source: Klix.ba)

Prizes for the Winners of the Minecraft competition ‘Building a Tunnel of Salvation’
BH Delegation attended the spring Meeting of the International Monetary Fund
Oil Prices in World Marked dropped for Two Weeks, Prices in BiH without Change
In order to survive, the Citizens of BiH are increasingly indebted
New Fleet Of The FBiH Government: 11 Official Vehicles Paid More Than One Million BAM
TAGGED:#Aluminij#economy#mostarBUSINESS
Share This Article
Facebook Whatsapp Whatsapp Telegram Threads Bluesky Email Print
Share
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article Damir Dzumhur in the Quarter-Finals of the ATP in Santo Dominico
Next Article Audience Choice Awards of the 23rd given
Leave a Comment Leave a Comment

Leave a Reply Cancel reply

You must be logged in to post a comment.

Stay Connected

10.2KFollowersLike
10.1KFollowersFollow
414FollowersFollow

Latest News

Spain Reaffirms Support for BiH’s EU Path, Highlights Growing Bilateral Cooperation
October 13, 2026
V4 Film Festival Starts Tomorrow at Meeting Point Cinema
October 13, 2026
Fifteen-year-old Girl from Tuzla released from Custody
October 13, 2026
Izetbegovic and Komsic speak about the Formation of the Government and a Potential Coalition
October 13, 2026
The Federation of BiH plans a new Debt of 40 Million BAM
October 13, 2026
Barbarez publishes an Autobiography called “Kreisläufe”
October 13, 2026
Bajtal to Raport: How to Explain 400,000 Invalid Ballots and Why Is This Not an Issue
October 13, 2026
Non-working Sundays in the Federation of BiH once again in Question
October 13, 2026
The IMF warns that BiH’s economic Growth is slowing down, Inflation is rising
October 13, 2026
BiH FM Reveals What He Asked of the Saudi Prince over the Issue of Dodik’s Lobbyists
October 13, 2026
Sarajevo TimesSarajevo Times
Follow US
© 2012 Sarajevo Times. All Rights Reserved.
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
Go to mobile version
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?