6 September 2024

Director of the Geological Survey of the Republic of Srpska visits Lykos Balkan Metals

Geological Research as a Key Factor in the Economic Growth of the Republic of Srpska

The Director of the Geological Survey of the Republic of Srpska, Mladen Tomic, visited the company Lykos Balkan Metals, marking an important step in a collaboration aimed at strengthening the economy of the Republic of Srpska through geological research. This visit confirmed the key role geological research plays in enhancing economic growth and development.

The Geological Survey of the Republic of Srpska, as the leading institution in the research and management of natural resources, recognizes the importance of companies like Lykos Balkan Metals. During the visit, Mr. Tomic also emphasized that all investors in the field of Geological research are welcome to our premises and discussions were held about strategic projects that have the potential to significantly contribute to the development of mineral resources and improve technological methods in the sector.

Director of the Geological Survey of the Republic of Srpska, Mladen Tomic, emphasized: “Our visit to Lykos Balkan Metals is crucial for the future of geological research in the Republic of Srpska. This visit symbolizes our shared goal – to advance the exploration of natural resources in order to stimulate economic growth and improve the quality of life in our region. The doors of the Geological Survey of RS are open to all investors. Through the presentation of company work plans, we can see how serious they are about investing in geological research in the Republic of Srpska. By following the work of Lykos Balkan Metals, we will not only discover new potentials but also enable the development of sustainable solutions that will bring long-term benefits to our region.”

Lykos Balkan Metals, known for its significant investments in the geological research sector, highlighted the importance of this visit. “The joint agreement and cooperation with the Geological Survey of the Republic of Srpska represent an important step in the development of innovative and sustainable solutions for natural resource exploration, all with the aim of understanding the natural resources available in the Republic of Srpska. Our investments in advanced technologies and research methods not only contribute to identifying new resources but also to improving the economic infrastructure and quality of life of local communities,” said Mladen Lujic, Director of Lykos Balkan Metals.

This visit marks the beginning of a new era of cooperation that will enable further development and application of innovative geological solutions. Through this visit, the Geological Survey of the Republic of Srpska and Lykos Balkan Metals aim to ensure long-term benefits for the entire region, fostering economic growth and enhancing regional infrastructure.

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