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.

...

This is a preview of the full article

Our market news and price data is reserved for registered users only.

Current customer? Login now

All of our industrial minerals price data and news is now available only through our new platform. Learn more about the intelligence we offer by visiting our Fastmarkets flagship website. If you are familiar with our reliable and trusted intelligence, fill out a request a quote form today to hear from our friendly sales staff who will create a custom license for you.


           



Interested in lithium prices? We now offer lithium prices and coverage free for reference. Click here to read all about it.

Interested in the wider electrification market?
Join our growing community of participants who want to learn more about electrification and how this market is developing.