Sahit Muja added that; Albanian land in Kosovo is very rich in minerals such as lignite, zinc, lead, gold, rare earths, bauxite, tin, silver, nickel, magnesium, aluminum, limestone, marble , quartz, industrial minerals, chrome ore and much more.
Kosovo possesses around 50 billion tons of lignite in reserves, one of the world’s largest lignite reserves. Kosovo, has one of the world’s largest reserves for lead, zinc, and silver. Trepça Mining was the leader in Europe in the mining of lead, zinc, silver and gold .
Over 90 percent of Albania and Kosovo natural resources remain untapped. A substantial mineral wealth that could transform its economic prospects, a great potential for future economic development in Albania, Kosovo and Europe.
Albania is home to the largest onshore oil field in Europe, also huge untapped reserves of oil and natural gas in offshore fields on Adriatic and Ionian Seas. Albania has the largest magnesium ore reserves in the world with over 10 billion tons, finest quality proven reserves.
Albania is home to the largest chrome ore reserves in Europe with the finest quality in the world. Albania has huge reserves of bauxite, copper, nickel, cobalt, iron ore, gold, chromium, antimony, coal, manganese, phosphates, tin, rare earth elements, uranium, platinum, copper, PGE, vanadium, titanium, zircon, salt, bitumen, limestone, marble industrial minerals, and much more.
The conclusion of Albanian Minerals research as of , 2023 showed that Albania and Kosovo has the Europe’s largest mineral untapped wealth.
Sahit Muja said, “As largest investor in mining industry in Albania, I have advocate for new vision that Albania and Kosovo mineral resources to be better utilized to address social and economic needs .
To achieve the high aspirations of this vision, Albania needs to get back to the fundamentals by creating better climate for investors, lower taxes, ease unneeded regulation, and solve other initial problems that have continued to plague the management of the region’s natural resources”.
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