Rio’s US$2.4 billion Jadar lithium mine is dead in the water after Serbia’s ruling party put the shoe on the other foot and booted the mining giant from the Balkan country amid protests against the project.
Serbian PM Ana Brnabic told reporters “all decisions and all licences have been annulled” according to Reuters, declaring “this is an end” to the Jadar development.Serbia’s populist and neoliberal leaning Serbian Progressive Party has been under pressure to nix the mine as noise from protesters against the project’s alleged environmental impacts has grown in recent months."
Another competitor bites the dust. Won't be the last!!!!!
Rio’s US$2.4 billion Jadar lithium mine is dead in the water...
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