TIRANA, Feb. China’s biggest copper producer Jiangxi Copper plans to buy a 50 percent stake in Turkish Nesko Metal Sanayi Ve Ticaret Anonim Sirketi, which operates mines in Albania, through its subsidiary Beralb, the online portal of Shanghai Metals Market (SMM) has recently informed.
Jiangxi Copper will invest USD 62.4mn in the deal. The company will partner with Chinese CRM International and Beijing Metal Challenge Global Trading, which will also provide USD 1.3mn, each.
Albania-China business community is now represented by a Chamber of Commerce and Industry.
China is one of Albania’s top trade partners with trade exchanges on a constant upward trend.
Albania’s trade exchanges with China registered a considerable increase in 2013, ranking China the third most important trade partner after Italy and Greece. INSTAT data show Albania’s exports double to 11.5 billion lek (Euro 80 million) while imports slightly grew to 35 billion lek (Euro 244 million) in 2013.
Chinese company to invest in Albania mining
Change font size:
Latest from Business & Economy
Building a Trusted Health Tourism Ecosystem: Albania’s Next Competitive Advantage
Change font size: - + Reset by Professor Alaa Garad Tirana Times, March 17, 2026 – There are countries you visit, and there are countries you remember. Albania is rapidly becoming the
Behind Albania’s Collapsing Roads: Clientelism and Corruption
Change font size: - + Reset Tirana Times, February 12 2026 – The rapid deterioration of newly inaugurated roads and tunnels across Albania has exposed far more than technical shortcomings. What authorities
The Kurum Case and the Collapse of Environmental Oversight in Albania
Change font size: - + Reset Tirana Times, 08 February 2026 – The Kurum waste file has exposed one of the most serious environmental and governance scandals in Albania in recent years,
Ivanka Trump Visit Reignites Property Dispute in Zvërnec
Change font size: - + Reset Plans by relatives of U.S. President Donald Trump to build a luxury resort in the scenic coastal area of Zvërnec have sidelined local residents and their
Albania’s Fiscal Peace Sparks Concern
Change font size: - + Reset Critics warn of deepening inequality, impunity and potential money-laundering exposure. Tirana Times, January 16,2025 – Albania’s newly adopted “fiscal peace” package framed by the government as