Usha Chemical IndustriesCould one of the reasons why Erin has not been awarded Pobrdje is because of Usha Industries previous contract that they sign for Pobrdje? It is a large Boron Chemical manufacturer. It deals in all kind of Boron products, mainly Colemanite, Boric Acid, Borax and others. It also mines Colemanite Boron Ore in Serbia.
Usha Chemical Industries has a cohesive group of 150 dedicated employees and a sales turnover of, U.S.$ 20 million. Usha is committed to total customer satisfaction Usha offers a wide range of quality Boron products at a reasonable price followed by excellent customer service.
This has enabled Usha to maintain very big market share of the Indian boron chemicals market. A network of dealers all over India, built up over the last several decades, provides full support and service to customers. https://usha-chem.com/#works
Another Indian company M/s. Usha Industries signed a joint venture in November 2005 with a Serbian state-owned company-JPPEU for lifting Boron ore for export to India. The company plans to invest over 2-3 million Euros in installing machinery specific to Serbian boron ore.
ndia's Usha Industries is interested in investing in the borate mine Pobrdje near Baljevac, in Raska, it was announced on the website of the Ministry of Energy, Development and Environmental Protection.
According to the release, it was agreed at a meeting in the ministry on August 22nd that Usha Industries, one of the largest traders in boron minerals, would submit a letter of intent for investment in the mine and the capacity for processing waste ore. https://www.ekapija.com/en/news/778399/indian-company-eyes-investment-in-borates-usha-industries-wants-to-invest-in-pobrdje-mine-in-raska
With the discovery of a rare mineral Jadarite which contains a high concentration of lithium, a new segment of industrial mineral exploration has started developing. Global companies such as Rio Tinto and LithiumLi are investing into exploration of Jadar area (western Serbia) which has the potential of supplying around 20% of global lithium demand. Other borates such as boron ore is already being mined in the area. According to media reports, Canadian company Balkan Gold has found rich deposits of borates close to the city of Kraljevo. According to preliminary results, the exploration of site has revealed 7.5 million tons of minerals with a high content of boron oxide. 5. We would appreciate if information about the recent activities and investment potentials in the Serbian mining industry could be suitably disseminated among leading mining companies in India. We also strongly recommend involvement of Indian mining companies in this prospective sector of Serbia. With best wishes, Yours sincerely (Narinder Chauhan) Ambassador of India to the Republic of Serbia Embassy of India, Djordja Radojlovica 7A, 11040 Belgrade Tel: +38111 2667990/2666520/3674208 Fax: +381113674209 https://www.mcciapune.com/cmsimages/file/Investment%20Potentials%20in%20the%20Serbian%20Mining%20Industry.pdf