Greek mining enterprises are planning investments worth 300-400 million euros for this year, focusing on sectors such as digitization of production, the supply of new machinery equipment, and security, President of the Association of Mine Enterprises Athanasios Kefalas said on Tuesday, ANA reports.
Kefalas noted that in 2022, the cost of electricity power grew by 160% and the cost of liquid fuel by around 40%, raising production costs by 25-50%. Kefalas urged the lifting of regulatory and technical hurdles for the implementation of a stable electricity price for the mining industry and the introduction of a 50% return on a special fuel tax. He reiterated there were several-year delays in environmental licensing and repeated demand for completing a special land framework for mineral raw materials.
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