This is a best prospect industry sector for this country. Includes a market overview and trade data.

Overview

The country has significant reserves of brown coal and lignite.  Reserves of iron ore deposits are estimated at 653 million metric tons; zinc and lead at 56 million metric tons; and bauxite at 120 million metric tons.  There are two aluminum and aluminum oxide processing plants situated near bauxite mining operations.  Annual coal production is approximately 8.8 million metric tons, both via open pits and casts.

Leading Sub-Sectors

Heavy mining equipment, including bulldozers, tractors, excavators, surface mining conveyor systems, and heavy trucks.

Opportunities

In 2010, the Federation Government consolidated seven coal mines under the new ownership of Elektroprivreda BiH.  The government hopes that this will pave the way for significant investments in the rehabilitation of those seven mines. Elektroprivreda BiH has committed to investing $497 million in the long term in rehabilitation of the mines, primarily through heavy mining equipment procurement and upgrade that should increase the coal mines efficiencies. The procurement process has been slow due to lack of available funds and as of this report’s publication most of the planned equipment has not been purchased.
 

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