The company “BH Magnezij & Minerali” will soon start building a large industrial complex for the production of magnesium in Osmanlije, Kupres Municipality.
As it was found out, this will be one of the most significant investments in Bosnia and Herzegovina (BiH). The company “BH Magnezij & Minerali” is owned by the German company MFE (Magnesium for Europe) GMBH.
The large industrial complex that this company will build will consist of as many as 14 buildings. The total area of the facilities will be 20,432 m2. The facility will be located on a 7.3-hectare plot of land.
The production will be carried out in cooperation with the company Dolomit, which holds the concession for the nearby deposits. Dolomite d.o.o. is a subsidiary of MFE (controlled by MFE shareholders) and a supplier of dolomite for future magnesium production.
In August of last year, the company received permission to explore an area of about 47.5 hectares, which is right next to the 9.5 hectares for which Dolomite already owns mining rights. The estimated amount of high-grade dolomite in this additional area will increase the future production capacity of the production.
MFE envisages that with additional raw materials, it could run a production of 50,000 mt per year for more than 75 years, Biznis Info writes.
E.Dz.
