..I carried this news last night, this will be huge for Rio, as Jadar is big and will be what EU needs.
..eventually in 5 years time, US lithium will come largely from US, Chile & Canada, EU lithium from EU, China lithium from China, Africa, Chile, Argentina & Bolivia...Australia will need to sell to anywhere that can't have enough from within their own continent.
..there won't be a shortage of lithium in the market so brace for lithium price to remain where they're at now in 5 years time, except that over the next 1-2 years, there's a good chance they will get lower first.
Serbia ready to green light Rio Tinto’s lithium mine:
We always expected it to be back in play towards the end of this decade. It’s good news for Europe’s EV plans especially considering how many lithium hungry active gigafactories are already in play Positive to see the politics finally play out. Hope for 2028-2030, expect >2030
