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Rio Tinto invests in InoBat

Green Car Congress

The investment follows a Memorandum of Understanding signed in May, outlining an intention to work together to progress the establishment of a “cradle-to-cradle” electric vehicle battery value chain in Serbia. InoBat is actively pursuing plans to build a number of gigafactories, including one in Serbia. Rio Tinto’s $2.4-billion

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Rio Tinto and InoBat partner to explore full life-cycle lithium battery initiative

Green Car Congress

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.

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Serbia to give green light for Rio Tinto lithium mine – ET Auto

Baua Electric

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.” million cars.” million cars.”

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Rio Tinto commits $2.4B for Jadar lithium project; planning 58,000 tons/year lithium carbonate by 2029

Green Car Congress

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. Rio Tinto has committed $2.4 Earlier post.)

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Rio Tinto to invest ~$200M to progress the Jadar lithium project to feasibility study stage; jaderite

Green Car Congress

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.

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T&E: two-thirds of European battery production at risk as companies weigh investing in US instead

Green Car Congress

The report also places question marks over projects in Serbia and Spain by InoBat, which recently secured incentives for a joint venture with an American company in Indiana. T&E said that companies’ limited resources to scale up production, as well as the tight supply of raw materials, are making the US-Europe battery race a zero-sum game.

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Environmental studies show Serbian lithium project is safe, says Rio – ET Auto

Baua Electric

.” 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

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