Original article by Barry FitzGerald
The Australian – Page: 22 : 2-Jun-16
Rio Tinto will spend an additional $US20m ($A27.5m) on its Jadar lithium-borate project in Serbia. The Jadar discovery is the only site in the world that features both lithium and borate, which has led to the official recognition of a new mineral called jadarite. Rio Tinto estimates that the Jadar project could eventually account for more than 10 per cent of the global supply of lithium, which is in high demand for use in electric vehicles.
CORPORATES
RIO TINTO LIMITED – ASX RIO