$20 ml investment project in Bulqiza mining started

$20 ml investment project in Bulqiza mining started

AlbChrome company started its project in the deepening of the pit number 9, in the chrome mining of Bulqiza, an investment of 20 million dollars. This investment will make possible the utilization of 2.126 800 chrome geological reserves.

The beginning of this investment for the deepening of pit number 9, also called one of the deepest pits is a very important moment for the continuance of work in the Bulqiza Mining, a project that will help in the further development of this mining. This pit is 600m long starting from +420m level and finished at -180m level. The opening and the installation of equipment for the working process in this pit is undertaken by Wenzhou Mining Co Ltd Chinese company. The company has indicated that the work process for the opening of the pit will last for no more than 20 months.

The opening ceremony of the beginning of this huge investment project was attended by Minister of Energy and Industry Damian Gjiknuri and Minister of Social Welfare and Youth Erion Veliaj.
Minister Gjiknuri said that this project will make possible the attraction of new investments in this mine and will create new job vacancies. “There are several Chinese companies that are showing their interest to invest in Albania in the mining industry”, said Gjiknuri.

Meanwhile, Minister of Welfare and Youth highlighted the fact that a new training course has been announced lately to start in Bulqiza for the training of new miners. Bulqiza mining its one of the biggest and the most important chrome minings not only in Albania but also in the region.

News source/photo credits: Mapo.al 

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