Rio Tinto Reassesses Investment Costs for Serbian Jadar Lithium Mine Amid EU Strategic Project Status

Published: Jun 5, 2025 11:26

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[Rio Tinto Reevaluates Investment Costs for Serbian Lithium Mine Project] Rio Tinto announced on Wednesday that the company is reevaluating the investment costs for the Jadar lithium mine project in Serbia. The person in charge stated, "Our budget during the last market survey exceeded €2.55 billion (approximately $2.91 billion), and we are currently updating the investment cost data. After obtaining the status of an EU strategic project, we must comply with EU environmental protection and human rights standards, which will be reflected in the final investment costs.

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