The RS Minister of Industry, Energy and Mining, Željko Kovačević, announced that the RS government obtained several offers to sell the state capital iron ore mine ‘’Ljubija’’ near Prijedor.
‘’The RS government still has not reached a final decision on the sale of the state capital iron ore mine Ljubija, but will take all offers into consideration in this decision’’, said Kovačević to reporters in Laktaši.
According to him, the RS government and the FBiH have still not engaged in talks about the allocation of resources from the ‘’Elektroprijenosa BiH’’, because it is in the process of amendments to the Law on the Establishment of Transmission Companies in BiH.
‘’If change happens and there are amendments to the law on the Establishment of Transmission Companies in BiH, then the agenda of the stakeholders can lead to the question of the allocation of profits’’, said Kovačević.
He expects that from the beginning of February or at the end of March, there will be a scheduled shareholders meeting for ‘’Elektroprijenosa BiH’’, where the agenda will revolve around the question of the allocation of funds of this company.
The global leader in the production of steel and mining, ‘’Arcelor Mittal’’, delivered to the RS government an offer for purchase of state capital in the iron ore mine ‘’Ljubija’’, but has still not received a response.
The ownership structure of ‘’Ljubija’’ state capital is 70 percent, 20 percent of the funds and 10 percent of other shareholders, with a value of 50 million KM.
In the establishment of the mine ‘’Arcelor Mittal Prijedor’’ in 2004, the former iron ore mine ‘’Ljubija’’ invested assets and production facilities in Omarska, while other so-called ‘’old mines’’ remained active mine pits in Tomašici and in Ljubija.
The company “Arcelor Mittal’’ owns 51 percent of the equity of the ‘’Arcelor Mittal Prijedor’’ mine, while the iron ore mine ‘’Ljubija’’ owns 49 percent of the capital.