Serbia special lithium battery spot

What's going on with Serbia's lithium mining deal?

The deal comes amid a global race to secure access to lithium, a key material for batteries. Serbia is expecting major investments in its controversial mining project. The European Union and Serbia signed a deal on Friday to develop a lithium mining project and production chains for batteries essential for electric vehicles.

Why did Europe and Serbia sign a lithium deal?

Belgrade (AFP) – The European Union and Serbia signed a deal Friday to develop the supply of lithium seen as a crucial building block to achieve Europe's transition to a green economy. Issued on: 19/07/2024 - 05:19 Modified: 19/07/2024 - 16:21

Is a proposed lithium mine in Serbia a threat to the environment?

A proposed lithium mine in Serbia is spurring protests over its potential impact on the environment. The mineral is in high demand because it’s crucial for the batteries that run electric vehicles.

Where is lithium found in Serbia?

Serbia has vast lithium deposits near the western city of Loznica, where a mining project being developed by Anglo-Australian mining giant Rio Tinto has been a perennial political fault line in the Balkan country in recent years.

Will Serbia develop a full lithium value chain?

Vučić said Serbia wanted to develop a full lithium value chain at home, including battery factories, and so would only sell some of the lithium mined at the Jadar site abroad as raw material. He said the country had received “positive feedback” from its talks with European carmakers, including Mercedes, VW and Stellantis.

Does Serbia have a lithium mine in Loznica?

Serbia has vast lithium deposits near the western city of Loznica, where a disputed mining project run by the Anglo-Australian mining giant Rio Tinto has been a perennial political fault line in the Balkan country in recent years.