Rio shares dive as lithium project ditched

By Sonali Paul
Updated January 21 2022 - 7:11am, first published 7:05am
Serbian PM Ana Brnabic says the government is revoking Rio Tinto's lithium mine licences.

Shares in Rio Tinto tumbled after Serbia revoked its lithium exploration licences over environmental concerns, hurting the Anglo-Australian miner's ambition to become Europe's largest supplier of the metal used in electric vehicles.

Advertisement

Ad

Advertisement

Ad

Get the latest Whyalla news in your inbox

Sign up for our newsletter to stay up to date.

We care about the protection of your data. Read our Privacy Policy.