Rio Tinto’s Not Having A Great Time In Serbia: Capital Erupts in Protest Over Controversial Lithium Mine

Tens of thousands of protesters flooded the streets of Belgrade, Serbia’s capital, on Saturday to voice their opposition to Rio Tinto‘s (ASX: RIO) proposed lithium mining project in Western Serbia. 

The demonstration, which began in July and saw participants chanting slogans like “You will not dig” and “Rio Tinto leave Serbia,” was sparked by the government’s recent decision to reinstate the mining giant’s license for what could become Europe’s largest lithium mine.

The $2.4 billion Jadar project, situated in the agriculturally rich Jadar Valley, has been a source of contention since its inception. While government officials argue that the mine would significantly boost Serbia’s economy and potentially cover 90% of Europe’s current lithium needs, environmentalists and local farmers fear irreversible damage to the region’s land and water resources.

The protest, which the Interior Ministry estimated to involve between 24,000 and 27,000 people, saw demonstrators taking over two main railway stations in Belgrade, with some lying on the tracks to obstruct operations. This action prompted warnings from Interior Minister Ivica Dacic, who stated that charges would be filed against those breaking the law.

McLaren Resources Inc. — sponsored Sponsored · McLaren Resources Inc.

The controversy surrounding the mine has taken on political dimensions, with government officials claiming the protests are aimed at undermining President Aleksandar Vucic’s administration. Vucic himself alluded to information from Russia about a potential coup being planned in Serbia.

The resurgence of the Rio Tinto project comes just two years after it was initially halted due to environmental concerns. Its revival is partly linked to a recent agreement signed by Vucic, German Chancellor Olaf Scholz, and EU Energy Commissioner Maros Sefcovic, granting EU member states access to raw materials mined in Serbia, including lithium.


Information for this story was found via BBC, Reuters, and the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Why Is This $1.5 Billion Gold Story Worth Just $37 Million? | Fredonia Mining PEA

This Copper Stock Exploded Before Anyone Knew the Grade | Decade Resource

Silver Miners Will Crush Gold Miners | Adrian Day

Recommended

Mercado Minerals Signs LOI for La Franca, Adding 750 Metres of Undrilled Vein at Zamora

Goliath Hits Visible Gold In Bonanza Zone Step-Outs, Drills 9.12 g/t Gold Equivalent Over 11.27 Metres

Related News

Arizona Sonoran Set To Terminate JV Option With Rio Tinto

A positive prefeasibility study combined with a boost in copper pricing has seemingly resulted in...

Monday, December 29, 2025, 08:29:36 AM

Kosovo-Serbia Conflict: The Budding War Ignited By Car License Plates

Kosovo closed its main border crossing with Serbia on Wednesday after demonstrators on the Serbian...

Thursday, December 29, 2022, 03:33:00 PM

Serbian President Vucic Announces Resignation and Snap Elections

Serbian President Aleksandar Vucic announced Saturday that he intends to step down within weeks, cutting...

Saturday, June 27, 2026, 01:31:11 PM

AbraSilver Resource: Constructive Assays on Argentina Project; Strong Balance Sheet

On April 6, AbraSilver Resource Corp. (TSXV: ABRA) reported constructive, high-grade assay results from two...

Saturday, April 10, 2021, 09:00:00 AM

Native American Group to Take Fight Against Arizona Copper Mine to US Supreme Court

A Native American group has declared their intent to escalate the battle against Rio Tinto’s...

Thursday, May 16, 2024, 10:41:00 AM