Serbia scraps $2.4 bln Rio Tinto lithium project
Video Credit: Rumble - Duration: 01:48s - Published
Serbia scraps $2.4 bln Rio Tinto lithium project
Shares in Rio Tinto tumbled on Friday after Serbia revoked its lithium exploration licenses over environmental concerns, hurting the Anglo-Australian miner's ambition to become Europe's largest supplier of the metal used in electric vehicles.
Jayson Albano reports.
![Rio Tinto announces pushback in new lithium mine project in Serbia [Video]](https://video.newsserve.net/300/v/20220119/1329631177-Rio-Tinto-announces-pushback-in-new-lithium-mine.jpg)
