Serbia to Give Green Light to Europe's Largest Rio Tinto Lithium Mine

Jun 16, 2024, 08:22 AM

Serbia is preparing to give the green light to Rio Tinto for the development of Europe's largest lithium mine, two years after Belgrade initially called off the project. The re-election of President Vucic's ruling party is seen as a pivotal factor in this decision. This move is expected to significantly boost the continent’s electric vehicle industry. The Financial Times reports that Serbia could begin mining lithium as early as 2028.