Basalt is a extrusive volcanic igneous rock formed from the rapid cooling of basaltic of lava. The solidification of the basalt occurs at the surface and is therefore a so-called igneous volcanic rock. Formed by the rapid cooling of the rock, there is little time for the growth of crystals. The most common minerals in basalt are amphibole, pyroxene-olivine and ilmenite. Also, other minerals, such as magnetite can be formed in basalt.The concession location of Balkan/basalt is located in Albania, in Spac, Mirditë to be precise. The location covers about 47ha and has a capacity of around 100 million tones of basalt.
Balkan/basalt owns all the necessary licences for mining and for the transport.