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Mapping of the Available Business Opportunities in the ESEE Region (D6.1.) Version 2.0 3|2021

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Mapping of the Available Business Opportunities in the ESEE Region (D6.1.) Version 2.0 3|2021 Mapping of the available business Version 2.0 3|2021 opportunities in the ESEE region (D6.1.) KAVA Reference: 17029 ‐ RESEERVE. Mineral potential of the ESEE region Name of the author/Responsible partner: S. Giannakopoulou, K. Adam/ NTUA DOCUMENT CHANGE LOG Document Issue. Date Reasons for change Version 1.0 20.12.2020 Initial version of the document Version 2.0 19.03.2021 Editing issues for RESEERVE website CONTENTS CONTENTS 2 LIST OF FIGURES ........................................................................................................................... 4 LIST OF TABLES ............................................................................................................................. 6 LIST OF ACRONYMS ...................................................................................................................... 7 EXECUTIVE SUMMARY .................................................................................................................. 8 1. INTRODUCTION .............................................................................................................. 16 2. METHODOLOGY ............................................................................................................. 17 2.1 GENERAL ................................................................................................................................ 17 2.2 CRITERIA FOR THE EVALUATION OF PRM ............................................................................. 21 2.2.1 GEOLOGICAL POTENTIAL ............................................................................................... 21 2.2.2 FINANCIAL DATA ............................................................................................................ 21 2.2.3 OTHER ASPECTS ............................................................................................................. 22 2.3 CRITERIA FOR THE EVALUATION OF SRM .............................................................................. 22 2.3.1 WASTE POTENTIAL ........................................................................................................ 22 2.3.2 WASTE TYPE ................................................................................................................... 22 2.3.3 FINANCIAL DATA ............................................................................................................ 23 2.3.4 OTHER ASPECTS ............................................................................................................. 23 3. EVALUATION OF PRM ..................................................................................................... 24 3.1 ALBANIA (ALB) ....................................................................................................................... 24 3.1.1 GEOLOGICAL POTENTIAL ............................................................................................... 24 3.1.2 FINANCIAL DATA ............................................................................................................ 28 3.1.3 OTHER ASPECTS ............................................................................................................. 29 3.2 BOSNIA AND HERZEGOVINA (BiH) ......................................................................................... 31 3.2.1 GEOLOGICAL POTENTIAL ............................................................................................... 31 3.2.2 FINANCIAL DATA ............................................................................................................ 36 3.2.3 OTHER ASPECTS ............................................................................................................. 37 3.3 CROATIA (HRV) ...................................................................................................................... 39 3.3.1 GEOLOGICAL POTENTIAL ............................................................................................... 39 3.3.2 FINANCIAL DATA ............................................................................................................ 43 3.3.3 OTHER ASPECTS ............................................................................................................. 43 3.4 MONTENEGRO (MNE) ........................................................................................................... 45 3.4.1 GEOLOGICAL POTENTIAL ............................................................................................... 45 3.4.2 FINANCIAL DATA ............................................................................................................ 47 3.4.3 OTHER ASPECTS ............................................................................................................. 47 3.4.4 SCREENING EXERSICE FOR MNE .................................................................................... 48 3.5 REPUBLIC OF NORTH MACEDONIA (MKD) ............................................................................ 50 3.5.1 GEOLOGICAL POTENTIAL ............................................................................................... 50 3.5.2 FINANCIAL DATA ............................................................................................................ 53 Page 2 | 171 3.5.3 OTHER ASPECTS ............................................................................................................. 54 3.6 SERBIA (SRB) .......................................................................................................................... 56 3.6.1 GEOLOGICAL POTENTIAL ............................................................................................... 56 3.6.2 FINANCIAL DATA ............................................................................................................ 59 3.6.3 OTHER ASPECTS ............................................................................................................. 59 3.6.4 SCREENING EXERSICE FOR SRB ...................................................................................... 60 4. EVALUATION OF SRM ..................................................................................................... 62 4.1 INTRODUCTION ..................................................................................................................... 62 4.2 WASTE TYPES IN ESEE COUNTRIES ........................................................................................ 63 4.3 SRM RESOURCES IN ESEE COUNTRIES ................................................................................... 69 4.4 OTHER ASPECTS ..................................................................................................................... 75 5. SUMMARY & CONCLUSIONS ........................................................................................... 76 5.1 BUSINESS OPPORTUNITIES OF PRM ...................................................................................... 76 5.2 BUSINESS OPPORTUNITIES OF SRM ...................................................................................... 82 5.3 CRM IN PRMs and SRMs ........................................................................................................ 84 6. REFERENCES ................................................................................................................... 86 6.1 RESEERVE Project .................................................................................................................. 86 6.2 External references ............................................................................................................... 86 ANNEXES 90 ANNEX I. QUESTIONNAIRE FOR TASK PARTNERS ..................................................................... 91 ANNEX II. QUESTIONNAIRE FOR INDUSTRIAL STAKEHOLDERS ................................................. 100 ANNEX III. PRM RESOURCES OF THE 6 ESEE COUNTRIES (MINES/QUARRIES/GREENFIELDS) ....... 105 ANNEX IV. METAL PRICES & METAL PRODUCTS VARIATIONS IN THE PERIOD 2011-2020 ............ 139 ANNEX V. SRM, IMPORTANT PROCESSING WASTE SITES OF THE 6 ESEE COUNTRIES ................. 159 ANNEX VI. MAPS .....................................................................................................................163 Page 3 | 171 List of Figures Figure 2.1-1: 1 in 1,000 exploration projects becomes a mine (Graphic Courtesy Fraser Institute). ... 18 Figure 2.1-2: Number of Industrial stakeholders conducted with questionnaires at examined ESEE countries. Map created using ArcGIS 10.5.1. ........................................................................................ 19 Figure 3.1-1: World players in chromium ore production (2017), including ALB ................................. 28 Figure 3.4-1: Main Factors impacting exploration/exploitation; Brskovo project, Tara Resources AG / Brskovo Mine d.o.o, October 2020. ...................................................................................................... 49 Figure 3.4-2: Level of satisfaction with prevailing conditions for development, permitting and operation of mining activities; Brskovo project, Tara Resources AG / Brskovo Mine d.o.o, October 2020 ....................................................................................................................................................... 49 Figure 3.5-1: International Lead ore production, highlighting the share in MKD. ................................ 53 Figure 3.6-1: Main Factors impacting exploration/exploitation; Babe project, Balkan Exploration and Mining d.o.o.,
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