By Rhiannon Hoyle
Rio Tinto PLC will search to get plans for a brand new lithium mine in Serbia again on monitor following final month’s elections within the nation, outgoing Chairman Simon Thompson informed an Australian shareholder assembly on Thursday.
Serbia in January revoked Rio Tinto’s licenses for the Jadar lithium venture following group protests over environmental considerations. Mr. Thompson mentioned an lack of ability to publish Rio Tinto’s environmental studies–which he mentioned have to first be authorised by the federal government below native rules–led to “a little bit of a vacuum” and the unfold of misinformation in regards to the venture main into the April elections.
Serbian President Aleksandar Vucic was re-elected, though his Serbian Progressive Get together fell wanting a majority within the concurrent parliamentary election.
“We very a lot hope that we will talk about the entire choices with the federal government of Serbia now the elections are out of the way in which to see whether or not we will progress this venture,” Mr. Thompson informed traders.
Write to Rhiannon Hoyle at [email protected]
