Sun. Feb 25th, 2024

    Rio Tinto boss meets Serbian president at WEF to discuss stalled lithium project

    Rio Tinto’s boss has met Serbia’s president at the World Economic Forum in Davos in a bid to revive a stalled lithium project. Jakob Stausholm met Aleksandar Vucic in conversations that were described as difficult and robust. Serbia revoked Rio’s mining permits for the $2.4 billion Jadar lithium project in January 2022. The decision followed mass protests in which 30,000 people signed a petition demanding a ban on lithium exploration in the country. If completed, the project could meet 90 percent of current European lithium demand and make Rio Tinto a leading lithium producer.


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