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Inside Rio Tinto’s all out war to unlock Serbia’s lithium riches

Inside Rio Tinto’s all out war to unlock Serbia’s lithium riches

The mining giant has been trying to develop the resource rich Jadar Valley for two decades. So why is it persisting in the face of intense opposition?

The autumnal Jadar Valley, where Rio Tinto plans to build a 220-hectare lithium mine. Vladimir Zivojinovic

Hans van LeeuwenEurope correspondent
Updated

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In Serbia’s Jadar Valley, not far from the Bosnian border, rolling forested hills fringe a classic postage-stamp array of fields. A narrow tree-lined river snakes through the scene. Barely any roads are visible. The houses are dotted about, rather than bunched into a tight village.

It’s a timeless Balkan landscape, and could hardly look more peaceful. It was in this tranquil place that Rio Tinto arrived in 2001, suspicious that there could be lucrative boron, ripe for unearthing, beneath the green quilt.

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Hans van Leeuwen
Hans van LeeuwenEurope correspondentHans van Leeuwen covers British and European politics, economics and business from London. He has worked as a reporter, editor and policy adviser in Sydney, Canberra, Hanoi and London. Connect with Hans on Twitter. Email Hans at hans.vanleeuwen@afr.com

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Original URL: https://www.afr.com/world/europe/inside-rio-tinto-s-all-out-war-to-unlock-serbia-s-lithium-riches-20241215-p5kygq