Displaying items by tag: lithium

Hundreds of protesters in Loznica, Serbia, have rallied against a planned lithium mining project by Rio Tinto in the region. This followed the ruling Serbian Progressive Party’s rejection of a draft law banning lithium and borate mining. Demonstrators carrying Serbian flags and banners announced one-hour road blockades, vowing to escalate their actions if necessary. Environmentalists argue that the mine could pollute local land and water, threatening agriculture in the region. Lithium, vital for electric vehicle batteries, is a critical material for the EU and the USA. The $2.4 billion project, if realised, could meet 90% of Europe’s lithium needs. In 2022, after mass protests, the government revoked Rio Tinto’s licences for the project. However, president Mr Aleksandar Vucic has now said that mining could start by 2028, arguing that it would significantly boost the economy.