Rio Tinto receives Jadar licence extension, commits further $20m funding

By Myles McCormick
Published: Wednesday, 17 February 2016

Rio’s early stage jadarite mine in Serbia has the potential to supply 10% of global lithium demand and provide the company with an additional source of borates. A new licencing agreement coupled with extra financing, put the prokect on track for completion of a prefeasibility study in 2017.

Rio Tinto Minerals, the non-metallic division of Anglo-Australian mining behemoth, Rio Tinto Plc, has secured a licencing agreement and committed funding necessary to complete a prefeasibility study (PFS) at its Jadar lithium-borates project in Serbia by the end of 2017.


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