Serbia's Court Overturns Govt Decision on Rio Tinto's $2.4 Billion Lithium Project

Jul 11, 2024, 06:49 PM

On July 11, 2024, Serbia's Constitutional Court declared the government's decision to revoke the permit for Rio Tinto's $2.4 billion lithium mine project as unconstitutional. This ruling overturns a 2022 decree that had abruptly blocked the controversial project. The decision paves the way for the potential authorization of the lithium mine, which has been a subject of significant debate. Rio Tinto has welcomed the court's ruling.