Will Serbia's lithium reserves be a priority after parliamentary elections?

Vucic, whose party won parliamentary elections in December, has said environmental protection would be a priority after extracting new assurances from the company. Rio Tinto has said Serbia's lithium reserves in Loznica could produce an estimated 58,000 tonnes annually, enough for 1.1 million electric vehicles.

How much lithium can Serbia produce a year?

Rio Tinto has said Serbia's lithium reserves in Loznica could produce an estimated 58,000 tonnes annually, enough for 1.1 million electric vehicles. During an interview with Germany's Handelsblatt ahead of the Belgrade summit, Vucic said conversations were ongoing with a range of European automakers including Mercedes, Volkswagen and Stellantis.

Are lithium batteries a building block for a green economy?

Belgrade (AFP) – The European Union and Serbia signed a deal Friday to develop the supply of lithium batteries that are seen as a crucial building block needed to power Europe's transition to a green economy. Issued on: 19/07/2024 - 05:18 Modified: 19/07/2024 - 12:32

When will Serbia start mining lithium?

Vucic has hinted that Serbia could begin mining lithium as early as 2028. The president has also said the deal would involve guarantees that limited the sale of raw materials from the country and ensure that most of the lithium exports would be through Serbian-produced batteries or component parts.