Adriatic Metals extracts and processes polymetallic concentrates at its Vareš Silver Operation in Bosnia‑Herzegovina, producing high‑grade silver‑lead and zinc concentrates with by‑product credits for gold, copper and antimony. The company supplies these critical base and precious metals to European smelters and manufacturers, offering a reliable, low‑cost, and sustainably sourced alternative to imported materials.
Funding
$32M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
European manufacturers and technology sectors face limited domestic sources of critical base and precious metals such as silver, zinc, lead, copper, gold and antimony, leading to supply chain vulnerabilities and reliance on imports from distant regions.
Solution
Adriatic Metals extracts and processes a polymetallic concentrate stream at its Vareš Silver Operation in Bosnia‑Herzegovina, delivering a portfolio of critical metals to European smelters and downstream users. The operation combines modern underground mining, advanced grinding, flotation and dewatering technologies to produce high‑grade silver‑lead and zinc concentrates, with by‑product credits for gold, copper and antimony. By locating the mine within existing infrastructure and adhering to international sustainability standards, the company provides a reliable, low‑cost European source of these strategic materials while minimizing environmental impact.
Target Audience
Primary customers are European metal smelters and industrial manufacturers that require high‑purity silver, zinc, lead, copper, gold and antimony for electronics, renewable energy, construction and other advanced technology applications.
Features
- Fully mechanised underground mine with a 0.8 Mtpa nameplate capacity, scalable to 1.3 Mtpa
- Modern processing plant employing state‑of‑the‑art grinding, flotation and dry‑stacked tailings technologies
- Production of two primary concentrates (silver‑lead and zinc) plus by‑product credits for gold, copper and antimony
- Dry‑stacked filtered tailings and comprehensive water management to reduce environmental footprint
- Logistics network delivering concentrates by truck and rail to the Port of Ploče for export to European smelters
- Commitment to IFC/EBRD/World Bank sustainability standards and community engagement