Green Car Congress
NOVEMBER 17, 2021
The investment follows a Memorandum of Understanding signed in May, outlining an intention to work together to progress the establishment of a “cradle-to-cradle” electric vehicle battery value chain in Serbia. InoBat is actively pursuing plans to build a number of gigafactories, including one in Serbia. Rio Tinto’s $2.4-billion
Green Car Congress
MAY 26, 2021
Rio Tinto and InoBat, a European battery technology and manufacturing company, signed a Memorandum of Understanding to work together to accelerate the establishment of a “cradle-to-cradle” battery manufacturing and recycling value chain in Serbia.
Green Car Congress
JULY 31, 2020
Rio Tinto has approved an additional investment of almost $200 million to progress the next stage of the development of the lithium-borate Jadar project in Serbia. Rio Tinto’s lithium project pipeline is an important part of our vision to pursue opportunities which are part of the transition to a low-carbon future.
Green Car Congress
DECEMBER 10, 2020
Rio Tinto disclosed to the Australian Securities Exchange (ASX) a maiden Ore Reserve and updated Mineral Resource at its 100% owned Jadar lithium-borates project in western Serbia. Pre-feasibility studies have shown that the Jadar project has the potential to produce both battery-grade lithium carbonate and boric acid. Earlier post.).
Green Car Congress
APRIL 8, 2021
It will be run throughout 2021 to optimize the process and inform Rio Tinto’s feasibility assessment for progressing to a production scale plant with an initial capacity of at least 5,000 tonnes per year—enough to make batteries for approximately 70,000 electric vehicles. —Rio Tinto Minerals chief executive Sinead Kaufman.
Baua Electric
MARCH 3, 2024
The company also owns the Jadar lithium project in Serbia, which is currently under dispute after Serbia in 2022 revoked the license for the project over environmental issues. Production is expected to start by the end of 2024. Argentina has the world’s largest share of salt lake lithium resources.
Green Car Congress
SEPTEMBER 30, 2022
Rio Tinto’s portfolio of lithium projects focuses on leading edge mining and processing technology to deliver environmentally sensitive solutions to the production of battery-grade lithium carbonate for electric vehicles. This long-life, scaleable project has the potential to have one of the lowest carbon footprints in the industry.
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