Serbia revokes Rio Tinto lithium mine permits following protests
The country cancels the mining licence for the Anglo-Australian firm's controversial $2.4bn project.
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The country cancels the mining licence for the Anglo-Australian firm's controversial $2.4bn project.
[Serbian government revokes license for Rio Tinto's Jadar lithium project] Serbia on Thursday revoked Rio Tinto's lithium exploration license, bowing to protesters against the Anglo-Australian mining giant's development project on environmental grounds. Serbian Prime Minister Ana Brnabic said the government's decision came after various green groups called for a halt to the $2.4 billion Jadar lithium project, which, if completed, would help make Rio Tinto one of the top 10 lithium producers.
Serbia has bowed to long-standing public pressure, throwing the Australian miner’s $US2.4 billion project into disarray. The news comes ahead of its general election in April and with Serbia-Australia relations at a low point since the deportation of Novak Djokovic.