Sebia Zijin Copper DOO is the company operating in the Zijin Mining Group.
It was founded on December 18th, 2018, on the day when Zijin signed the closing documents with the Government of the Republic of Serbia, i.e., the Contract on taking over 63% of the ownership in RTB Bor. In that way, Zijin became the holder of 63 % of the share in the capital of the Company from Serbia. Zijin’s first Company in Serbia, and in the Balkans, is called Serbia Zijin Copper DOO and is the only producer of copper and precious metals (gold and silver) in Serbia. All products are the stock exchange products and the quality, demand, sales prices and trading terms are regulated by the rules prescribed by the world’s non-ferrous metal stock exchanges.
Serbia Zijin Copper DOO deals with the research and exploitation of copper ore, whose processing produces high-quality cathode copper and precious metals in the smelter.
The Company owns four copper mines (“Veliki Krivelj”, “Novo Cerovo”, “Jama” and Copper Mine Majdanpek), the Limestone Mine and the Smelter.
Because it is one of the largest companies in Serbia, which is a pillar of development of Bor and Majdanpek, the Company is recognized as a serious legal entity, with promising capabilities and the responsibility to contribute to strengthening the iron friendship between China and Serbia and as such symbolizes the wonderful friendship between the people of two countries that share good and bad and help each other.
Since the moment Zijin took over the management role, and until the end of June 2021, the Company produced 128,400 tons of copper in the concentrate, 3,417 kilograms of gold, 19,235 kilograms of silver and 189,500 tons of cathode copper, so that in 2021, Zijin took the first place on the list of exporters in Serbia, which is a great jump compared to the third position, which the Company had in 2020.
The company, as a joint investment of Zijin Mining Group and the Republic of Serbia, will cooperate with all stakeholders to ensure a healthy and quality way of doing business within the legal framework, and complete all technical upgrade and expansion projects.