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Zijin invests billions in Serbian mine

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Published: September 12th, 2023,
Last updated: September 12th, 2023

Gold and copper mine in Bor, archive image from 2021.

China plans to invest several billion euros in a copper and gold mine in eastern Serbia. This emerges from an agreement signed by the two countries over the weekend. According to the agreement, the Chinese state-owned company Zijin Mining will invest around 3.5 billion euros in a mine near the town of Bor. In addition, the Chinese company will provide 200 million US dollars for the development of a 300 MW solar power plant project.

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