Rio Tinto Supports the European Union’s Decision to Accelerate the Development of Strategic Lithium Projects
The European Commission’s decision to identify 47 strategic projects in the field of critical raw materials once again confirms the importance of lithium for the energy sector and industrial development. Furthermore, it clearly demonstrates that the EU prioritizes the exploitation of strategic resources on its own territory, debunking claims of a neocolonial approach to Serbia’s resources as nothing more than part of an aggressive disinformation campaign against lithium. The EU’s prioritization of strategic resource exploitation within its own borders further reinforces that responsible management of these raw materials is a global priority, not an isolated case.
The majority of the selected projects focus on lithium mining, processing, and recycling, highlighting Europe's commitment to securing a stable supply of this crucial raw material. Out of the 47 strategic projects, 22 are lithium-related, with seven involving hard rock lithium mining— a technology comparable to the Jadar project.
Through its actions, the European Union clearly demonstrates that lithium project development is not viewed as a risk but rather as an opportunity for sustainable development, economic competitiveness, and strategic security. Lithium is a key raw material for battery production in electric vehicles and for energy storage from renewable sources, making it essential in achieving Europe's climate and energy goals.
Rio Tinto has submitted the Jadar project to the European Commission’s strategic project selection process under the Critical Raw Materials Act (CRMA), aiming to contribute to the electric vehicle supply chain in Serbia and Europe while adhering to the highest environmental and regulatory standards of both the EU and the Republic of Serbia.
“We support the European Union’s decision to accelerate the development of strategic projects and believe in a responsible approach to the further selection of projects outside the EU. We will not take any further steps in the project's development until we transparently and legally demonstrate its safety for the environment and public health”, said Chad Blewitt, Director of the Jadar Project.