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Rio Tinto and InoBat, a European battery technology and manufacturing company, signed a Memorandum of Understanding to work together to accelerate the establishment of a “cradle-to-cradle” battery manufacturing and recycling value chain in Serbia.
Rio Tinto is supporting the development of a battery ecosystem in Europe with an investment in Inobat Auto (InoBat), a Europe-based battery technology and manufacturing company. This investment will support the completion of InoBat’s research and development center and pilot battery line in Voderady, Slovakia. Rio Tinto’s $2.4-billion
billion to the Jadar lithium-borates project in Serbia, one of the world’s largest greenfield lithium projects. The project remains subject to receiving all relevant approvals, permits and licences and ongoing engagement with local communities, the Government of Serbia and civil society. Assuming a 60kWh battery.]. Earlier post.)
OCSiAl, the world’s largest manufacturer of graphene nanotubes ( earlier post ), is launching a graphene nanotube synthesis facility near Belgrade, Serbia, in the first half of 2023. The graphene nanotube synthesis facility in Serbia will leverage OCSiAl’s unique production technology.
Yesterday, the EU and the Republic of Serbia have signed a Memorandum of Understanding (MoU) launching a Strategic Partnership on sustainable raw materials, battery value chains and electric vehicles.
Rio Tinto has approved an additional investment of almost $200 million to progress the next stage of the development of the lithium-borate Jadar project in Serbia. The unique mineral— jadarite —was discovered by Rio Tinto geologists in 2004 near the city of Loznica in Western Serbia.
Rio Tinto disclosed to the Australian Securities Exchange (ASX) a maiden Ore Reserve and updated Mineral Resource at its 100% owned Jadar lithium-borates project in western Serbia. Pre-feasibility studies have shown that the Jadar project has the potential to produce both battery-grade lithium carbonate and boric acid. Earlier post.).
Serbia has vast lithium deposits near the western city of Loznica, where a mining project being developed by Anglo-Australian mining giant Rio Tinto has been a perennial political fault line in the Balkan country in recent years. million electric vehicles.
The technology company supplies automotive manufacturers with electric motors for different vehicle types—from hybrid and electric axle drives for electric passenger cars to electric central drives for commercial vehicles. evo (Serbia) and Shenyang (China) in recent years.
.” Anglo-Australian miner Rio Tinto said on Thursday newly published environmental studies showed that its Serbia lithium project , which was stopped in 2022 after massive protests, would be safe for the environment. If implemented, the USD 2.4
Gurugram-based Sona Comstar, a leading exporter of EV driveline components as well as starter motors for ICE vehicles to Europe and North America, has recently set up a new driveline facility for battery electric vehicles in the Fipasi Industrial Park in Silao, Mexico. This transition should happen over the next nine months.
More than two-thirds (68%) of lithium-ion battery production planned for Europe is at risk of being delayed, scaled down or cancelled, according to new analysis by the European NGO Transport & Environment. Battery production capacity equivalent to 18 million electric cars—1.2 Europe must act or risk losing it all.
Rio Tinto has started producing spodumene concentrate, a mineral used in the production of lithium for batteries, at a demonstration plant in its Rio Tinto Iron and Titanium (RTIT) Québec Operations in its metallurgical complex in Sorel-Tracy, Canada.
KORES ) and steelmaker POSCO has entered an agreement with Bolivia’s state-run miner Comibol (Corporación Minera de Bolivia) to set up a joint venture to produce lithium intended for lithium-ion batteries. A Korean consortium including Korea Resources Corp. The scale of investment and the launch date of the JV are still to be settled.
High growth in demand for lithium batteries is spurring three-fold growth in mine production of lithium over the next four years, with 86kt of new lithium metal capacity coming on stream, according to data and analytics company GlobalData. After moderate growth in lithium supply between 2010 and 2017 of 6.4%
Vucic told the newspaper that “new guarantees” from the global mining giant and the European Union looked set to address Serbia’s concerns over whether necessary environmental standards would be met at the Jadar site in the west of the country. million cars.” billion Jadar project after massive environmental protests.
If completed, the Jadar project could supply 90% of Europe’s current lithium needs and help to make the company a leading lithium producer. Regarded as a critical material by the EU and the United States, lithium is used in batteries for EVs and mobile devices.
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