Rio Tinto Halts Controversial Lithium Project in Serbia
2 Articles
2 Articles
Machine The Rio Tinto company, according to media reports from last week, announced that it was postponing the Jadar project. The civic organization March from the Drina reacted to this "alleged pause", and said: "What Rio Tinto calls a pause, we call tactics." They recalled that there had been previous announcements that the unpopular lithium mine project was being suspended, at least in 2022, in order to quell resistance and move the topic out…
Mining company Rio Tinto has put its planned €2.5 billion Jadar lithium project in Serbia on hold. The company's management announced earlier this week that the project was being placed in "dormant" status as part of efforts to simplify its portfolio and "prioritize short-term opportunities," according to an internal memo seen by Bloomberg. A spokesperson for the Anglo-Australian mining firm confirmed the contents of the memo but declined to com…
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