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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 Jadar deposit contains high-grade mineralization of boron and lithium supporting a long-life operation in the first quartile of operating costs for both products.

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GlobalData: Global lithium production to triple over the next four years

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High growth in demand for lithium batteries is spurring three-fold growth in mine production of lithium over the next four years, with 86kt of new lithium metal capacity coming on stream, according to data and analytics company GlobalData. After moderate growth in lithium supply between 2010 and 2017 of 6.4% million tons.

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NATO-funded Serbian-led project developing biofuel from algae

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Eight Serbian scientists are leading a research project to develop the commercial production of biofuel from algae. The research into producing biofuels from algae will last three years. The research into producing biofuels from algae will last three years.

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

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According to a January 2011 update by the US Geological Survey (USGS), identified lithium resources total 4 million tons in the United States and approximately 29 million tons in other countries. million tons of identified lithium resources, respectively, while Brazil, Congo, and Serbia each contain approximately 1 million tons.

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