Serbia: India “Usha Industries’ interested in the exploitation of boron ore

27. August 2013. / News Serbia Energy

The Indian company “Usha Industries’ is interested in investing in the boron minerals deposit exploration site “Pobrdje “near Baljevac, it was confirmed at the meeting with this company representatives in the Ministry of Energy, Development and the Environment protection.

It was agreed at the meeting that “Usha Industries”, which is one of the largest retailers and processors of this ore, submit a letter of intentions to invest in the mine and facilities for the waste ore processing, concerning the technical protocols that previously should conclude with JP PEU Resavica.

The State secretaries in the Ministry of Energy, Development and the Environment protection, Dejan Popovic and Dusan Mrakic and director of JP PEU Resavica Vladan Milosevic discussed with the “Usha Industries” director, Navin Agrawal, and H.E. Indian Ambassador in Belgrade, Ms Narinder Chauhan also attended the meeting.

Source; Serbia Energy/MERZ

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