Last month, Serbia restored Anglo-Australian mining company Rio Tinto’s licence to extract the mineral in the Jadar Valley in the west of the country.
Serbia’s government said the previous decision to block the project in 2022 was “not in line with the constitution and the law”.
The EU hailed it as a “historic day for Serbia, as well as for Europe”.
Speaking about the revived Rio Tinto project, Green-Left Movement co-leader Biljana Djordjevic said that activists “fear Serbia will be sacrificed to provide lithium for electric vehicles that pretty much nobody in Serbia can afford”.
Carmakers will need ever more lithium for batteries, as the transition to zero-emission vehicles accelerates – and Rio Tinto’s $2.4bn (£1.8bn) Jadar Valley project could provide as much as nine-tenths of Europe’s current lithium needs, and turn the company into one of the world’s leading lithium producers.
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