Memorandum on Jadar project signed with Rio Tinto

BELGRADE - A memorandum of understanding signed on Monday by the Serbian government and the company Rio Tinto should enable the implementation of the Jadar project, a lithium exploration effort near Loznica, western Serbia.

The world-class lithium-borate deposit, estimated at 200 million tonnes, will be able to generate over 10 percent of the global lithium output.

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