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Pljevlja Coal Mine Marks 73 Years with Record Results and Long-Term Concession

Pljevlja Coal Mine marks 73 years with record output, new investments, and a concession extension to 2050.

The Pljevlja Coal Mine celebrated Miners’ Day and its 73rd anniversary with a ceremonial session attended by government officials, energy sector representatives, business associates, and the local community. Despite a challenging year, the company highlighted record results, ongoing modernization projects, and progress on critical infrastructure.

CEO Nemanja Laković praised employees for ensuring the country’s energy stability and confirmed that nearly 70% of work on the demanding Ćehotina riverbed relocation project has been completed. “The planned overburden will be exceeded by ten percent if the pace continues, ensuring sufficient coal for the Pljevlja Thermal Power Plant once it reconnects to the grid,” he said.

The mine achieved positive financial results in the first half of 2025 without burdening its owner, Elektroprivreda Crne Gore (EPCG). Laković stressed that the company remains committed to both the energy sector and local community, with investments continuing despite the focus on urgent projects.

Minister of Energy and Mining Admir Šahmanović acknowledged the year’s difficulties but commended miners for their dedication, emphasizing that the future of Montenegrin mining must align with modern standards and the principles of a just transition. EPCG chairman Milutin Đukanović added that the mine is well-positioned to support Montenegro’s green transition, including the development of large solar power plants.

The event concluded with the signing of concession contracts extending coal exploitation rights in Pljevlja until 2050, securing the long-term utilization of reserves and reinforcing the mine’s role in Montenegro’s energy and economic landscape.

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