Cupru Min Abrud to invest RON 65 mln, mostly on environment

Cupru Min SA Abrud Romania plans to invest RON 65 million next year and most of half of the money will be invested for finishing the acid waters neutralization plant, says the Ministry of Economy.

“Another purpose is to value the mining through rare metals,” says the ministry on its official site.

The minister of economy Gheorghe Simon met this Friday with representatives of Cupru Min Abrud. They discussed about the investment strategy and development the company.

This is the third meeting from a series that will continue in November between the minister and the companies’ officials. The minister will evaluate their portfolios.

Next week, Simon will meet with the officials of the Conversim Remin and OPCOM.

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Cupru Min estimates this year the highest copper production in the company’s history, of around 39.000 tonnes. The company also has 540 employees and holds 60 percent from Romania’s copper reserve.

Teodora Marinescu