Portovesme, Urso: “Possible New Investor for the Entire Plant”
On February 5, 2025, the Italian government announced the potential emergence of a new investor interested in acquiring the Portovesme industrial plant in Sardinia. The announcement was made by the Minister of Economic Development, Adolfo Urso, during a visit to the plant.
According to Urso, the potential investor is a large international company with experience in the mining and refining sectors. The minister did not disclose the name of the company but stated that they had expressed interest in acquiring the entire plant, including both the mining and refining operations.
The news of a possible new investor has been met with cautious optimism in the local community. Portovesme has been struggling economically in recent years, and the closure of the plant in 2021 has had a significant impact on the local economy. The arrival of a new investor could potentially revive the plant and create new jobs in the area.
However, Urso cautioned that the negotiations with the potential investor are still in the early stages. He emphasized the need for due diligence and a thorough evaluation of the company’s plans for the plant.
“We are cautiously optimistic about this development,” Urso said. “But we need to make sure that any new investor is committed to the long-term sustainability of the plant and the well-being of the local community.”
The Portovesme industrial plant has played a significant role in Sardinia’s economy for decades. The plant was originally established in the 1960s to process zinc and lead ores. In recent years, the plant has also been used to refine other metals, such as copper and silver.
The closure of the plant in 2021 was due to a combination of factors, including rising energy costs, global competition, and environmental concerns. The plant had been struggling financially for several years, and its closure resulted in the loss of hundreds of jobs.
The potential arrival of a new investor is seen as a lifeline for the Portovesme area. The plant is one of the largest employers in the region, and its reopening could create hundreds of new jobs. It could also boost the local economy by providing business opportunities for other companies in the area.
The local community is eager to see the Portovesme plant reopen, but they are also aware of the need for caution. They want to make sure that any new investor is committed to the long-term sustainability of the plant and the well-being of the local community.
Portovesme, Urso: “possibile nuovo investitore per l’intero impianto”
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