Serbia set to give green light to Rio Tinto lithium mine

Q: How long will it take to read this news story?

The story "Serbia set to give green light to Rio Tinto lithium mine" has 875 words across 32 sentences, which will take approximately 4 - 8 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Serbia set to give green light to Rio Tinto lithium mine" was covered 1 weeks ago by Financial Times, a news publisher based in United States.

Q: How trustworthy is 'Financial Times' news outlet?

Financial Times is a fully independent (privately-owned) news outlet established in 1888 that covers mostly markets, finance, and investing news. The outlet is headquartered in United States and publishes an average of 12 news stories per day. It's most recent story was published 9 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #21264304</li><li>URL: https://beamstart.com/news/serbia-set-to-give-green-17185136147983</li></ul>

Financial Times 1w ago

Serbia set to give green light to Rio Tinto lithium mine - Financial Times

Quick Summary:

Siniša Mali, Serbia’s finance minister, said the project would provide a big boost to Serbia’s economy, adding between €10bn and €12bn to annual gross domestic product, which totalled €64bn in 2022.

Europe has virtually no domestic lithium production at present and Jadar would generate enough to meet 13 per cent of the continent’s forecast demand in 2030, according to Fastmarkets, a commodities research company.

The planned resurrection of the deal with Rio Tinto, and the EU’s involvement, are seen by western officials as an important signal of Serbia’s geopolitical alignment at a time when it is being courted economically and politically by China, Russia and the Gulf nations.