35 Serbia

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Mining Lithium in Serbia

I found this FT piece on the contested Rio Tinto lithium development in Jadar, Serbia intriguing, but also question begging.

Asking the hive mind of twitter for more information, elicited this very sensible intervention by Aleksandar Milosevic on danas.rs Stick it through google translate.

the dilemma to be decided is 1,000 well-paid jobs and about 30 million euros of annual state revenue (plus 2,000 jobs on construction and partly engaging domestic suppliers in a project worth over two billion euros), and against the relocation of 50 families, the destruction of some 400 hectares of land and the creation of tailings to the detriment of local flora and fauna. A potential battery factory with its jobs and taxes or a different calculation of state revenues changes the ratio of gains and losses. So, we decide on that. And not about whether we are for Vučić or not.

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