Austrian companies are ready to invest 2.5 million euro in the bauxite mine in Bosanska Krupa

The Group of Austrian investors from different industries (owners and co-owners of factories for aluminium processing, Austrian railways and companies for exploration and research works in mining) are willing to invest in 2014 in research in the areas that have not been researched so far. 

If it turns out that bauxite reserves correspond to previous projections of 50 million tons, the investors are ready for further investments in exploitation, even up to a million tons of bauxite annually.

The partners have shown seriousness in work so far, they have registered a company called "Albos".

A working group that will carry out all the procedures required for starting investigation and exploitation of bauxite has been established.

The Municipality of Bosanska Krupa has delegated its members in the working group in order to   help the company Albos.