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Rio Tinto declares maiden ore reserve at Jadar; major potential source of battery-grade lithium carbonate

Green Car Congress

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. Mineral resources are potentially valuable, and for which reasonable prospects exist for eventual economic extraction. Earlier post.).

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Rio Tinto to invest ~$200M to progress the Jadar lithium project to feasibility study stage; jaderite

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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.

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Rio Tinto CEO bullish on lithium but not eyeing big acquisitions – ET Auto

Baua Electric

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. Argentina has the world’s largest share of salt lake lithium resources. Production is expected to start by the end of 2024.

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Rio Tinto commits $2.4B for Jadar lithium project; planning 58,000 tons/year lithium carbonate by 2029

Green Car Congress

billion to the Jadar lithium-borates project in Serbia, one of the world’s largest greenfield lithium projects. The project remains subject to receiving all relevant approvals, permits and licences and ongoing engagement with local communities, the Government of Serbia and civil society. Rio Tinto has committed $2.4 Earlier post.)

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Korean consortium forming JV with Bolivian miner Comibol for lithium production in Salar de Uyuni

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A Korean consortium including Korea Resources Corp. Korea’s advanced technology and Bolivia’s resources will create synergy.” The joint venture will also pave the way for Asia’s fourth-largest economy to take part in a project to develop lithium carbonate in the region, officials said. Korea Herald. million tons, respectively.

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