“Alumina” and RMU “Banovici” sign contract worth 16 million KM

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Alumina Zvornik said it has signed a coal supply deal worth some 16 million KM with local state-controlled brown coal mine Banovici.

Under the deal, Banovici will supply 160,000 tonnes of coal, to be used by Alumina in its production process in 2017, Alumina said in a statement.

Alumina's core activity is the production of different types of hydrates and alumina by processing bauxite ore. It also produces zeolites and sodium silicates.

Banovici and Alumina have been cooperating for five years.