Multifactor model for investments in the raw material sector
After a decade of declining commodity prices, negative investment trends, debated mining legislation and increased overall risks, mining companies are struggling to survive searching for new sustainable investment options. The InvestRM project will create a decision-making tool for raw materials companies and investors, mining institutes, technical universities, geological surveys, non-governmental association, B&H government and state institutions in order to facilitate investment in the raw material sector. Project is focused on Bosnia and Herzegovina due to its critical raw materials potential, but will be fully transferable to other East and Southeast European (ESEE) countries. The project will deliver structured country data (entity based) together with relevant and validated geo-information on 120 critical raw materials deposits and occurrences within B&H: antimony, bauxite (as potential source of rare earth elements – REE), fluorite and magnesite. One of the special tasks is establishment of constructive dialogue with minimum 40 B&H SMEs and large companies throughout Banja Luka, Prijedor, Tuzla and Zenica, info-days in order to tailor the InvestRM decision making tool.
01/2018 – 03/2021
EIT RawMaterials – Regional Innovation Scheme
Montanuniversität Leoben (Partner), Mining Institute Banja Luka, University of Zagreb, Geological Survey of Slovenia
Chair of Mining Engineering and Mineral Economics – Nikolaus Sifferlinger
Total: € 300.948
Montanuniversität Leoben: € 29.770