The $$$ and expertise to get Piskanja off and runningUsha Chemical Industires has the $$$ and expertise to get Piskanja off and running. Usha Chemical Industries was incorporated as firm in India several decades ago and is head quartered in New Delhi, India. It is a 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 Chem has rights to all Boron Colemanite in Pobrdje mine in Serbia. It is producing one of the highest quality Boron having more than 42% B2O3 since 2005. 27. August 2013. / News Serbia Energy. Serbia: India Usha Industries interested in the exploitation of boron ore. The Indian company Usha Industries is interested in investing in the boron minerals deposit exploration site Pobrdje near Baljevac, it was confirmed at the meeting with this company representatives in the Ministry of Energy, Development and the Environment protection. It was agreed at the meeting that Usha Industries, which is one of the largest retailers and processors of this ore, submit a letter of intentions to invest in the mine and facilities for the waste ore processing, concerning the technical protocols that previously should conclude with JP PEU Resavica. The State secretaries in the Ministry of Energy, Development and the Environment protection, Dejan Popovic and Dusan Mrakic and director of JP PEU Resavica Vladan Milosevic discussed with the Usha Industries director, Navin Agrawal, and H.E. Indian Ambassador in Belgrade, Ms Narinder Chauhan also attended the meeting. Source; Serbia Energy/MERZ