Zijin Bor to Use Capacities of Port of Bar for Reloading of Copper

Zijin Bor is to use the capacities of the Port of Bar for the reloading of cargo in the next few years, as agreed at a meeting held in Bar. As announced by the Port of Bar company, the reloading of copper concentrate of 350 to 400 thousand tons in the current year has been agreed, along with a substantial increase to the level of 700 thousand tons each in 2022 and 2023.

– The agreed cooperation in the reloading of copper concentrate, with the possibility of expansion of the further cooperation to include the reloading of other kinds of cargo for the purposes of Zijin is a full valorization of the logistics route through the Port of Bar – the press release says.

The meeting was attended by representatives of Zijin Group, companies Trans Cargo Logistic, Montecargo and the Port of Bar, as well as Zoran Radunovic, the state secretary for transport and seafaring at the Ministry of Capital Investments of Montenegro.

In the past period, the engagement of the competent ministry has been of great importance when it comes to the establishment of the kind of a business environment that is necessary for the contracting of such strategically important jobs.

– All the participants in the meeting agree that this is a serious business endeavor, whose expected effects will have a multiple positive impact on the entire economy of both Montenegro and Serbia – the press release concludes.

Port of Bar

Ministry of Capital Investments

Zoran Radunović

reloading of goods

copper

reloading of copper