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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. The unique mineral— jadarite —was discovered by Rio Tinto geologists in 2004 near the city of Loznica in Western Serbia.

Serbia 243
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T&E: two-thirds of European battery production at risk as companies weigh investing in US instead

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The report also places question marks over projects in Serbia and Spain by InoBat, which recently secured incentives for a joint venture with an American company in Indiana. Europe’s global share of new investment in Li-ion battery production dropped from 41% in 2021 to a meagre 2% in 2022, according to BloombergNEF.

Companies 430
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Audi partner TTTech acquires 35% of RT-RK; automotive electronics

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Vienna-based technology company TTTech delivers robust networked control systems based on Deterministic Ethernet, including the emerging IEEE Time-Sensitive Networking (TSN) standards. RT-RK, headquartered in Novi Sad, Serbia, is a global powerhouse serving customers in Silicon Valley and EMEA.

Audi 150
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Rio Tinto commits $2.4B for Jadar lithium project; planning 58,000 tons/year lithium carbonate by 2029

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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.)

Serbia 397
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Pre-series-production eActros 300 Tractor drives 3,000 km from Germany to Turkey for testing

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Test engineers chose a route across Austria, Slovenia, Croatia, Serbia and Bulgaria for the trip. Christof Weber, Head of Global Testing at Mercedes-Benz Trucks When driving to Turkey, test engineers focused in particular on safety systems, performance and durability of the vehicle.

Turkey 397