Bumech will mine bauxite in Montenegro during 29 years

A consortium led by  WSE-listed Bumech and Grottech has inked a deal with Uniprom Metali for bauxite mining in Nikšić, Montenegro. The value of the contract amounts to €250 million (approximately PLN 1.1 billion). The agreement was agreed for a period of 29 years and  can not be terminated until Bumech and Grottech mine 16.7 million metric tons of bauxite. Bumech has acted…

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