Brief: Aktor Takes Majority Stake In Albania Mineral‑Resources Venture Under New Framework Deal

Aktor Holding Technical And Energy Projects SA

18/03/2026 08:33

March 18 (Reuters) - Aktor Holding Company Technical And Energy Projects SA AKTRr.AT:

SIGNS FRAMEWORK AGREEMENT WITH BNI FOUNDATION FOR MINERAL RESOURCE EXPLOITATION IN ALBANIA

TO ESTABLISH JOINT COMPANY IN ALBANIA WITH BNI FOUNDATION SUBSIDIARY, HOLDING 51% OF SHARES

JOINT COMPANY TO EXPLORE AND EXPLOIT NICKEL AND RARE EARTH MINERALS IN BILISHT AREA ALBANIA

ESTIMATES BILISHT AREA MINING CAPACITY AT OVER 500,000 TONS OF NICKEL AND OVER 25,000 TONS OF COBALT

TOTAL INVESTMENT AMOUNT ESTIMATED AT ABOUT 1 BILLION EUROS UPON FULL DEVELOPMENT

EXPECTS INVESTMENT TO BE FINANCED BY EQUITY CONTRIBUTIONS AND EXTERNAL FINANCING PRIMARILY FROM U.S. CAPITAL

Further company coverage: [AKTRr.AT]

 (Gdansk Newsroom)

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