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2026-10-21 16:08:21Biznes SHKRUAR NGA REDAKSIA VOX

About two-thirds of the chromium produced in Albania is exported raw, limiting the value created domestically. According to AKBN data, cited by the Altax center, this share was 66.5% in 2022.

Limited processing remains one of the weaknesses of the mining sector. Exports may bring in more revenue when international prices rise, but this does not necessarily mean that companies produce more efficiently or invest in modernization.

According to the data, production of chromium ore and concentrate reached about 953 thousand tons in 2024, compared to a peak of 1.3 million tons in 2019.

Meanwhile, investments in mining machinery and equipment increased by 2.8 percent during 2024, reaching 5.3 billion lek.

The analysis is also based on an International Monetary Fund study on Chile, which shows that higher demand for minerals does not guarantee increased productivity. The findings pertain to the Chilean economy, while for Albania they serve as a reference point to assess resource use and benefits from the sector.

Another obstacle is the limited connection to domestic suppliers. Imports of specialized equipment and services mean that part of the benefits from mining activities go abroad.

According to ALTAX, the increase in global demand for copper and minerals needed for the energy transition also creates opportunities for Albania. However, long-term profitability depends on investments in processing, technology and employee training, so that underground assets create more income and employment within the country. ( Kapitali.al )


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