SMM12 translation: Rio Tinto (Rio Tinto) recently disclosed to the Australian Stock Exchange (ASX) the latest resources of its 100 per cent held Jadar lithium project in western Serbia, which has estimated ore reserves of 16.6 million tons, including 1.81 per cent lithium oxide and 13.4 per cent boron oxide, as follows:
Rio Tinto launched a feasibility study in July 2020 with an investment of nearly $200m and is expected to complete the assessment by the end of 2021. If approved, the project will take four years to build.
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