|Title||Multifactor model for investments in the raw material sector|
|Link to website||InvestRM|
|Programme||KIC EIT RawMaterials|
|Project duration||1/2018 – 3/2021|
|GeoZS role in the project||Project partner|
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. 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 Hercegovina 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. The project is supported by five key Bosnia-Hercegovinian mining institutions (Mining Institute Banja Luka, Mining Institute Prijedor, Mining Institute Tuzla, Institute for urbanism, civil engineering and ecology of Republic of Srpska, University of Zenica) and underpinned by internationally recognized institutions Montanuniversitaet Leoben, University of Zagreb – Faculty of Mining, Geology and Petroleum Engineering, Geological Survey of Slovenia and Cemex Croatia.
Link to InvestRM application: https://investrm.eu/app-map/
Link to FIPA brochure: https://www.geo-zs.si/pdf/Projekti/InvestRM/FIPA_brochure.pdf">