We are part of Central European Aluminum Company
(CEAC Holdings, LTD) and was the first mining
company founded in Montenegro. The annual
production output is defined with concession
agreement as 650,000 tonnes of ore.
CEAC has introduced programs at Bauxite Mines
Niksic to modernise equipment and make
organizational and technical improvements. Since
2006, €4 million have been invested in this work, exceeding the amount defined in the Shares Purchase
Agreement.
New equipment for ore extraction have been
introduced at Bauxite Mines Niksic, as well as modern
equipment for monitoring underground air quality in the
Biocki Stan pit. Also, efficiency and production planning
have been enhanced by the recent digitization of data
relating to the Biocki Stan and Borovnik deposits. We are regularly Selling: bauxite ore.
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